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fame-ii subsidy

Modi government’s gift to those who buy electric vehicles! Subsidy worth Rs 11,500 crore will be distributed

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Modi government's gift to those who buy electric vehicles! Subsidy worth Rs 11,500 crore will be distributed

FAME II Subsidy Scheme: The Modi government at the Center has given a gift to those who buy electric vehicles in India. It is reported that the government has increased the subsidy under FAME-II scheme by about Rs 1500 crore. Earlier, the government was giving subsidy of about Rs 10,000 crore under the FAME-II scheme, … Read more

FAME-2 subsidy cut will reduce EV buyers, SMEV expresses concern

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FAME-2 subsidy cut will reduce EV buyers, SMEV expresses concern

[ad_1] FAME-2 Subsidy Cut Impact On EV Buyers: SMEV, the body of the electric vehicle industry, has said that a sudden reduction in subsidy for electric two-wheelers can cause huge losses. The body said that this could lead to a big drop in EV adoption and affect the entire industry in the long run. However, … Read more