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FAME-II scheme supported sale of 16.72 lakh electric vehicles: Govt
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morungexpress.com
(IANS File Photo)New Delhi, August 12 (IANS): The Centre’s Adoption and Manufacturing of Hybrid and Electric Vehicles in India (FAME India) Scheme Phase-II has supported the sale of approximately 16.72 lakh electric vehicles, including e-2Ws, e-3Ws, and e-4Ws.
In addition, 5,299 electric buses (e-buses) have been deployed under the Scheme (as on July 31), the Ministry of Heavy Industries said on Wednesday.
This scheme supports incentivisation of approximately 28.30 lakh electric vehicles (EVs) including e-2W, e-3W, e-Trucks, e-buses and e-Ambulances.
The 40 GWh capacity is end-use agnostic and can be utilized for any application including electric vehicles.
"Various tax incentives such as the reduction of GST on electric vehicles and charging stations to 5 per cent, exemption of permit requirements for battery-operated vehicles and waiver of road tax on EVs are also aimed to boost the use of electric vehicles in the country," the factsheet added.