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This is a re-post from Yale Climate Connections by Sarah Spengeman

The Ministry of Heavy Industries has approved 11 electric vehicle (EV) manufacturers, including Ather Energy, Bajaj Auto, Hero MotoCorp, Ola Electric, and Mahindra, to receive incentives under the recently introduced Electric Mobility Promotion Scheme (EMPS) 2024. 'A total of 11 firms have been granted approval under the EMPS, with several more under consideration,' informed a senior official of the ministry to Business Standard. The scheme aims to sustain the growth in EV sales, replacing the Faster Adoption and Manufacturing of Electric Vehicles - II (FAME-II) scheme.

New Delhi: The Ministry of Heavy Industries has given the green light to 11 electric vehicle (EV) makers, such as Ather Energy, Bajaj Auto, Hero MotoCorp, Ola Electric, and Mahindra, to qualify for incentives as part of the newly launched Electric Mobility Promotion Scheme (EMPS) 2024.

Electric Buses: The Centre is developing a payment security mechanism (PSM) to facilitate the procurement of 150,000 e-buses. The PSM aims to address issues such as fare collection inefficiencies and improper upkeep of buses, ensuring e-bus suppliers are paid for their vehicles.