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 ..
Month: Current Affairs - June, 2021
Category: Economy & Banking Current Affairs - 2022
Topics: Electric vehicle • Electric vehicle industry in India • Electric Vehicle Policy • FAME India Scheme • Fame Phase-II • FAME-II
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 ..
Month: Current Affairs - April, 2021
Category: International / World Current Affairs • Reports & Indexes Current Affairs
Topics: Electric car • Electric vehicles • FAME-II • Global Electric Vehicle Outlook • hydrogen car • International Energy Agency (IEA)
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 ..
Month: Current Affairs - April, 2021
Category: Economy & Banking Current Affairs - 2022
Topics: Electric vehicle • FAME Scheme • FAME-II • National Electric Mobility Mission • NITI Aayog
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 ..
Month: Current Affairs - December, 2020
Category: Economy & Banking Current Affairs - 2022 • Government Schemes Current Affairs
Topics: Electric vehicles • Fame Phase-II • FAME-II • India-China Trade Deficit • lithium ion cell • Lithium-ion batteries • Memorandum of Understanding (MoU) • production linked incentive scheme • Recycling
“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 ..
Month: Current Affairs - November, 2020
Category: Government Schemes Current Affairs • India Nation & States Current Affairs • States Current Affairs
Topics: Andhra Pradesh • Battery electric vehicle • Charging station • Electric vehicle • Electric vehicles • Fame • FAME India Scheme • FAME-II • Go Electric campaign
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 The scheme aims on electrification of public transportation. It provides incentives for three wheelers and ..
Month: Current Affairs - September, 2020
Category: Government Schemes Current Affairs
Topics: Electric bus • Electric vehicles • FAME India • FAME-II • National Electric Mobility Mission Plan