Stories about the Mobility Revolution

Government withdraws sops to conventional battery vehicles under FAME

September 27, 2018

The government Thursday extended the first phase of the FAME-India scheme for promoting electric and hybrid vehicles by another six months till March 31, 2019 but has withdrawn benefits available to conventional battery vehicles. As per a notification by Heavy Industries Ministry, the incentives under the extended scheme from October 1 will be available only for registered vehicles. Until now, electric two-wheelers and three-wheelers powered by conventional lead-acid batteries were eligible for incentives under FAME-I.