The second phase of the FAME 2 scheme that is expected to drive the government’s mission to have 25% per cent of all vehicles sold in 2030 to be electric. The second phase of the Faster Adoption and Manufacture of Electric Vehicles
Electric vehicles are the future and with the help of innovative approaches, India’s transport sector can become all electric-driven by the year 2030, an EV expert and professor of IIT Madras has said.
London-based Laureti Automotive Corporation has evinced interest to set up its unit here to make electric SUV vehicles.
Corporate investors from outside the auto industry are placing increasing bets on electric vehicles, vying with automakers and suppliers to bankroll startup companies working on everything from advanced batteries to charging devices and all-new EVs.
On December 14, the government announced measures aimed at boosting the production of electric vehicles. It announced a policy for the rollout of electric vehicle charging infrastructure.
State-owned power major, NTPC signed MoUs with Vehicle Aggregators Ola, Lithium, Shuttl, Bikxie, Bounce, Electrie and Zoom Car for development and utilization of public charging infrastructure today.
As part of its corporate social responsibility commitment, Safran Engineering Services India has signed a partnership with the Institute of Electrical and Electronics Engineers (IEEE), the world’s largest technical professional organization for the advancement of technology
State-run power firm NTPC said Monday it has started its first electric vehicle charging station in Simhadri, Vishakhapatnam in line with the government’s plan to switch to clean mobility.
In a U-turn, the government has decided to offer a direct subsidy of around Rs 1.4 lakh for each electric car, while extending benefits to those purchasing other electric vehicles (EVs) too, such as two- and three-wheelers.
The finance ministry is likely to approve a subsidy outlay of nearly Rs 4,000 crore for the second phase of FAME India scheme to promote electric and hybrid vehicles, official sources said today.