India Allocated Rs 5.2cr To Subsidize 11.53 lakh Electric Vehicles: Govt Updated On Tue, Dec 26th, 2023 by Saurenergy Latest data from the Ministry of Heavy Industries claimed that the Union government allocated a total of Rs 5.2 crore as subsidies to incentive 11.53 lakh electric vehicles (EVs) in the country by the end of December 1, 2023. The information was recently shared by the ministry in a media statement. The ministry said that […] Read more
Delhi High Court Rejects PIL Seeking Use of Lead Acid Batteries in e-Rickshaws Updated On Fri, Oct 21st, 2022 by Saurenergy The Delhi High Court rejected a public interest litigation (PIL) which sought to allow the use of lead acid batteries in electric rickshaws. The bench of Chief Justice Satish Chandra Sharma and Justice Subramoniam Prasad refused to entertain the IPL filed by an e-rickshaw driver which challenged Delhi Transport Authority’s order that refuses the registration […] Read more
CESL Gets Lowest Ever Prices for 5450 Buses under FAME II Scheme Updated On Wed, Apr 27th, 2022 by Saurenergy Convergence Energy Services Limited (CESL), a PSU under Ministry of Power has announced today that it has discovered the lowest ever prices for the biggest ever demand for electric buses under the Grand Challenge tender. The tender, announced in January this year, had hoped to get the first batch of buses on the road by […] Read more
Hyderabad-based Olectra Greentech Bags Order for 50 E-buses Updated On Tue, Jan 4th, 2022 by Saurenergy Olectra Greentech, Hyderabad-based country’s largest manufacturer of electric buses, on Monday said it has received a letter of award (LoA) for 50 e-buses from “one of the state transport authorities” for inter-city operations under the central government’s FAME-II scheme. These buses are to be delivered in 12 months, the company said in a regulatory filing. […] Read more
100 New E-buses to Run in Andhra Padesh’s Temple-town Tirupati Updated On Tue, Nov 9th, 2021 by Saurenergy The Andhra Pradesh State Road Transport Corporation has issued the Letter of Award to Evey Trans Private Limited to operate 100 electric buses in temple-town Tirupati under the Centre’s FAME-II scheme. Evey, a subsidiary of Olectra Greentech Limited, has bagged the Rs 140 crore contract for a 12-year period on Gross Cost Contract basis, a […] Read more
BYD Backed Olectra Greentech Wins Bid for 100 E-Buses Updated On Tue, May 25th, 2021 by Saurenergy The BYD partnered electric buses (E-buses) maker Olectra Greentech announced on Monday that along with its sister company Evey Trans Pvt Ltd, it has won the bid for 100 electric buses. The consortium of both the companies has won the bid to supply 100 electric buses to a State Transport Corporation (STC) in the country […] Read more
Govt Extends Validity of FAME-II Certificates by 1 Year; SMEV Praises Move Updated On Wed, Apr 14th, 2021 by Saurenergy The DHI has extended the validity of FAME-II certificates for all Vehicle Models (e2W, e3W & e4W) approved under FAME-II by 1 year. The Department of Heavy Industry (DHI) under the Ministry of Heavy Industry and Public Enterprises has notified of the extension for the validity of FAME-II certificates for all Vehicle Models (e2W, e3W […] Read more
E-2Ws saw 2% of Target Sales till September 2020, Under FAME-II: ICRA Updated On Tue, Dec 22nd, 2020 by Saurenergy ICRA surveyed 16 electric 2 wheeler dealerships, across the country, in November 2020. The Report tells about how the second phase of Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME-II), the flagship scheme of the Government of India to push faster electric vehicle (EV) adoption, managed to achieve only 2 percent of its […] Read more
Cabinet Approves Second Phase of FAME Scheme with Outlay of Rs 10,000 Cr Updated On Fri, Mar 1st, 2019 by Saurenergy The Union cabinet has approved the second phase of the FAME scheme with an incentive layout of Rs 10,000 crores. The Union Cabinet chaired by Prime Minister Narendra Modi has approved the proposal for the implementation of the Rs 10,000-crore Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME-II) scheme for promotion […] Read more
