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EV new scheme: Green light for EV cos to claim subsidy under new scheme - Vimarsana News

EV new scheme: Green light for EV cos to claim subsidy under new scheme

Hero MotoCorp, Bajaj Auto, TVS, Ather Energy, Ola Electric Mobility, and Kinetic Green have been approved to sell two-wheelers and claim subsidies under the Electric Mobility Promotion Scheme (EMPS), 2024. The scheme, which aims to support 372,000 electric vehicles, is a fund-limited initiative from April 1 to July 31, 2024.

EV New Scheme: India to soon unveil new scheme to incentivise EV purchases, expand charging infra, ET Auto - Vimarsana News

EV New Scheme: India to soon unveil new scheme to incentivise EV purchases, expand charging infra, ET Auto

EV New Scheme: Officials in the Ministry of Heavy Industries (MHI) said on Friday that the allocation of INR 2,671.33 crore under the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India) Scheme for fiscal 2024-25 will be utilised to subsidise EVs sold till March 31, 2024.