FAME-II Current Affairs, GK & News

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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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 governments will ramp up their efforts to meet international climate goals, then the number of ..

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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 for Electric Vehicle purchases. What are the recommendations made by NITI Aayog? Apart from interest ..

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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 electric vehicles. This will help to indigenize Lithium-ion technology. Currently, India is importing Lithium cells ..

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“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 to promote the usage of electric vehicles. This is to be achieved in coordination with ..

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