FAME

Ather Energy Rolls Out Ather 450X Scooter

Electric vehicle major Ather Energy recently rolled out the new avatar of its flagship scooter Ather 450x with a bigger battery, new tyres, software changes at Rs 155,657 ex-showroom in Bengaluru. The flagship model has contributed to about 80% of sales of the company promising even more with bigger battery which will run to real-life […]

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Lack of Financing Options The Biggest Drag On faster EV Adoption In India

 Headquartered in Hyderabad, Etrio is a key player in cargo EV OEM sector, committed to leading cargo fleet electrification. Kalyan C Korimerla, Managing Director and Co-Promoter, Etrio, began his career at in Wall Street at Intel Corporation to later assume investment banking roles at JP Morgan in New York. After he moved back to India […]

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1 Mn E-2W Sales Target by March 2022 Under FAME-II ‘Nowhere in Sight’: SMEV

The ambitious target of generating a sale of 1 million E-2W by March 2022 under FAME-II is nowhere in sight, the SMEV has said. With just 25,735 units of high-speed electric two-wheelers (E-2W) sold in 2020, the ambitious target of generating a sale of 1 million such vehicles by March 2022 under FAME-II is nowhere […]

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Progress in Sales of EVs/Hybrid Vehicles Under FAME Scheme

The DHI has been administrating FAME India for the adoption of EVs/ hybrid vehicles in India since 2015, and Union Minister Prakash Javadekar has now shed some light on the progress The Department of Heavy Industry (DHI) is administrating Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (EVs) in India (FAME India) Scheme for […]

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Govt Invites Proposals for Deployment of EV Charging Infra Under FAME-II

The Heavy Industries Ministry has invited proposals from public/private entities interested in developing EV charging infrastructure in India under FAME II The Government of India has recently approved the second phase of the FAME [Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India] Scheme, for 3 years commencing from April 1, 2019, with […]

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Budget 2019: Solar Industry Seeks Quick Reforms from Modi 2.0

When the Narendra Modi-led National Democratic Alliance government was voted back to power in a landslide victory in the recently concluded general polls, expectations of the corporate world and especially from the renewable industry grew mile high from the Union Budget 2019 which will be presented on 5th July. Now with the continuation of the […]

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FAME II Scheme Funds 6 EV Charging Infrastructure Projects

FAME II scheme completes funding of 6 Projects to support the creation of charging infrastructure in selected cities and along major highways to address range anxiety among users of electric vehicles Six projects for setting up of EV charging infrastructure have been funded under Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles —FAME II […]

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Phase II of FAME will Focus on Electrification of Public Transportation

The second phase of the FAME scheme will focus on supporting the electrification of public and shared transportation over the next three years. The second phase of Faster Adoption and Manufacturing of Electric Vehicles in India (FAME India) scheme will focus on supporting the electrification of public and shared transportation over the next three years, the Minister of Heavy Industries and […]

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FAME Alone Not Enough to Boost EV Adoption

FAME alone is not enough to reach the 2030 target, various measures as prerequisites are needed in this transition. Policies like FAME need to be supplemented with measures such as domestic manufacturing of vehicles, batteries, and components to boost mass adoption of electric vehicles by 2030, industry body Confederation of Indian Industry (CII) has said.  […]

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