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Revision in FAME II subsidies to be game changer for eco-friendly vehicles, say electric 2-wheeler makers

The governments continued support to drive adoption of EVs, with a keen focus on locally built electric two-wheelers will make India the manufacturing hub of EVs, said Ather Energy CEO and Co-founder Tarun Mehta
Rahul Sharma Jeetender Sharma Tarun Mehta Sohinder Gill Society Of Manufacturers Electric Vehicles Ather Energy

Higher subsidy under FAME II to be key in adoption of EVs, say makers

Electric two-wheeler makers on Saturday termed as "a phenomenal move" by the government to increase subsidy for such vehicles by 50 per cent under the FAME II scheme saying it would be a game changer in the adoption of eco-friendly vehicles. The government on Friday made a partial modification of the scheme for Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India Phase II), including increasing the demand incentive for electric two-wheelers to Rs 15,000 per KWh...
Rahul Sharma Naveen Munjal Jeetender Sharma Tarun Mehta Sohinder Gill Sudarshan Venu

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