FAME II Current Affairs - 2020

Facts Box: Delhi electric Vehicle Policy

On August 7, 2020, Delhi Chief Minister Arvind Kejriwal launched “Delhi Electric Vehicle Policy”. Under the new policy, the State Government of Delhi will waive registration fee and road tax. Also, it will provide an incentive of up to Rs 1.5 lakhs for new cars in the NCR region. Highlights The policy aims to boost Read More…

First Inter-City Electric Bus to operate between Mumbai and Pune

On February 14, 2020, the first inter-city electric bus was launched. The bus will transit between Mumbai and Pune twice every day. It was launched by the Union Transport Minister Nithin Gadkari. Highlights The bus seating capacity was 43. It is capable of running 300 kilo metres in a single charge. The GoI is to Read More…

2636 EV Charging Stations sanctioned under Phase II FAME India

The Department of Heavy Industries operating under Ministry of Heavy Industries and Public Enterprises has sanctioned 2636 Electric Vehicle (EV) charging stations under FAME India scheme Phase II. The stations are to be set in 62 cities in 24 states and Union Territories. Highlights The aim of the move is to make sure at least Read More…

India’s Electric Mobility Transformation: Progress to Date and Future Opportunities

NITI Aayog together with Rocky Mountain Institute (RMI) has released a report titled “India’s Electric Mobility Transformation: Progress to Date and Future Opportunities”. The report analyses the opportunities for the automobile sector and government under the Faster Adoption and Manufacturing of Electric Vehicles II (FAME II) scheme. Highlights of the Report Benefits of FAME II Read More…

CCEA Approves Phase 2 of FAME Scheme

The Cabinet Committee on Economic Affairs (CCEA) has approved Rs 10,000 crore package over three years till 2022 for the second phase of Faster Adoption & Manufacturing of Electric (and hybrid) vehicles (FAME) scheme. FAME II Scheme The FAME scheme is aimed at encouraging faster adoption of Electric and hybrid vehicle by way of offering Read More…