FAME-II
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 ..
Month: Current Affairs - June, 2021
Global Electric Vehicle Outlook, 2021
The International Energy Agency recently released the Global Electric Vehicle Outlook. Key Findings of the report Three million new electric cars were registered in 2020. This was 41% higher than those registered in 2019. According to the report, if the ..
Month: Current Affairs - April, 2021
NITI calls for EV purchase subsidy in addition to FAME-II subsidy
NITI Aayog recently said that the Government of India should provide incentives on purchase of electric vehicles over and above existing subsidies being provided under FAME II scheme. Also, it has recommended to provide interest subvention on loan amount taken ..
Month: Current Affairs - April, 2021
Project to indigenize Li-ion battery technology for EVs
The IIT Hyderabad incubated start up Pure EV has signed a Memorandum of Understanding with CSIR-Central Electro Chemical Research Institute (CECRI). Under the agreement, the start up and CSIR are to undertake joint research to develop Lithium-Ion Battery technology for ..
Month: Current Affairs - December, 2020
“Go Electric Campaign” of BEE: AP to set up 400 EV charging stations
The “Go Electric” campaign was launched by Bureau of Energy Efficiency (BEE) in coordination with the Andhra Pradesh State Energy Conservation Mission. The Andhra Pradesh State Government is to set up 400 Electric Vehicle charging vehicles all over the state ..
Month: Current Affairs - November, 2020
FAME Scheme: 670 new electric buses and 241 charging stations sanctioned
The Government of India recently sanctioned 670 Electric buses and 241 charging stations under phase II of FAME scheme. FAME is Faster Adoption and Manufacturing of Electric Vehicles. It was launched to promote electric mobility in the country. Key Features ..