Under the FAME II scheme, the federal government has supplied help to 1.65 lakh electrical autos; Over 2,800 charging stations accredited

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Under the second part of the FAME India scheme, the federal government has supplied round 1.65 lakh electrical autos as demand incentive quantity of about Rs. 564.00 crores. The ministry says it has additionally accredited 2,877 charging stations, amounting to Rs. 500 crores.


The ministry says it has also approved 2,877 charging stations, amounting to Rs.  500 crore

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The ministry says it has additionally accredited 2,877 charging stations, amounting to Rs. 500 crore

The Ministry of Heavy Industries (MHI) just lately introduced that it has supported round 1.65 lakh electrical autos in India below the second part of the FAME (Faster Adoption and Manufacturing of Hybrid and EV) scheme. The ministry says that until November 25, 2021, the federal government has provided subsidy to electrical autos within the type of demand incentive amounting to about ₹564.00 crore. In addition, the federal government has sanctioned 6,315 electrical buses to numerous state/metropolis transport undertakings below the second part of the FAME scheme.

ALSO READ: ARAI growing quick chargers for electrical autos, says heavy industries minister

The ministry says that it has additionally accredited 2,877 Electric Vehicle (EV) charging stations in 68 cities throughout 25 states/union territories, amounting to ₹500 crore (roughly). In addition, below the identical Phase II of the FAME scheme, 1,576 charging stations price ₹108 crore (approx.) have been sanctioned on 9 expressways and 16 highways.

NTPC Charging Station

Charging stations price ₹500 crore (approx) have been sanctioned in 68 cities in 25 states/UTs.

The FAME scheme was first formulated in March 2015, and the primary part was accessible until March 31, 2019. During the primary part, round 2.8 lakh hybrid and electrical autos have been supported within the type of demand incentives amounting to roughly ₹ 359 crore. MHI had additionally accredited 425 electrical and hybrid buses for varied cities of the nation with a complete value of round Rs 280 crore. The Ministry of Heavy Industries had sanctioned round 520 charging stations/infrastructure for ₹43 crore (approx) below the primary part of the FAME India scheme.

Also learn: Goa Government Launches Electric Mobility Promotion Policy 2021 to Promote Electric Vehicles

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The FAME II scheme got here into impact from April 1, 2019, for five years, with a complete budgetary help of ₹10,000 crore.

ALSO READ: India’s electrical car market to be over $78 billion by FY2027: Study

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Based on the outcomes and expertise gained throughout the first part of FAME India, the federal government introduced the second part of the FAME India scheme on March 8, 2019, with a complete budgetary help of 5 years from 1 April 2019. ₹ 10,000 crore. This part focuses on supporting the electrification of public and shared transport and goals to subsidize (roughly) 7000 e-buses, 5 lakh e-3 wheelers, 55,000 e-4 wheeler passenger automobiles and 10 lakh e-two wheelers. to help from. In addition, the creation of charging infrastructure can also be supported to deal with vary anxiousness amongst customers of electrical autos.

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With inputs from NDTV

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