Electric vehicle industry in India Current Affairs, GK & News

FAME scheme extended till 2024

Government has decided to extend adoption of electric vehicles ‘Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME Phase II)’ by 2 years. Highlights Initially FAME scheme was to be implemented for a period of three years from April 1, 2019. Now, it will be in force till March 31, 2024. Date ..

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FAME II Amendment

Ministry of Heavy Industry has announced major amendments in ongoing FAME-II scheme. Ministry has fixed incentives for India-made electric two-wheelers. Highlights With the recent amendments on price side and subsidies government aims to promote electric two-wheeler usage across India. Reduction is price will help in EV adoption and strengthen government’s plans of making India an ..

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PiMo- eBike launched by IIT Madras-Incubated start-up

The Pi Beam, which is an IIT Madras-incubated start-up, recently launched the electric two-wheeler called ‘PiMO’. Highlights Pi Beam has set an aim of selling 10,000 vehicles by the end of financial year 2021-22. The bike was founded by an IIT Madras Alum Visakh Sasikumar. 100 customers have already pre-booked the e-bike. About PiMO The ..

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‘Switch Delhi’ Campaign Launched by Kejriwal government

The Chief Minister of Delhi Arvind Kejriwal launched the ‘Switch Delhi’ campaign on February 4, 2021. Highlights The campaign was launched to promote the use of electric vehicles. The Chief Minister further asked the citizens to buy electric vehicles as it will play a key role in combating the pollution in Delhi. The Chief Minister ..

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Tamil Nadu: 100% Motor Vehicle Tax Exemption to EVs

The State Government of Tamil Nadu recently notified that it will grant 100% motor vehicle tax exemption for Electric Vehicles. Earlier, the State Government had issued orders for 50% concessional rate to EV taxes. It has now been made to 100%. Key Highlights The State Government has exempted taxes to both transport and non-transport vehicles. ..

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