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FAME India 

Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India)

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EV in India

Electric Vehicles are now getting a increase in the growth of sale of EV in India. As the amount of air pollution increases due to ICE there is a need to make changes in the vehicle technology. 

EV Market in India

Market of EV is growing at good speed as there are many automobile companies which are working on the electric vehicle technology. 

Govermment EV Vision 

In FAME 2, the government has a clear vision of faster adoption of Electric Vehicle and manufacturing in India. Government has a vision of 30% of electric private cars in India. 

The National Electric Mobility Mission Plan (NEMMP) 2020 is a National Mission document providing the vision and the roadmap for the faster adoption of electric vehicles and their manufacturing in the country. As part of the NEMMP 2020, Department of Heavy Industry formulated a Scheme viz. Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India) Scheme in the year 2015 to promote manufacturing of electric and hybrid vehicle technology and to ensure sustainable growth of the same.

The Phase-I of this Scheme was initially launched for a period of 2 years, commencing from 1st April 2015, which was subsequently extended from time to time and the last extension was allowed up to 31st March 2019. The 1st Phase of FAME India Scheme was implemented through four focus areas namely (i) Demand Creation, (ii) Technology Platform, (iii) Pilot Project and (iv) Charging Infrastructure. Market creation through demand incentives was aimed at incentivizing all vehicle segments i.e. 2-Wheelers, 3-Wheelers Auto, Passenger 4-Wheeler vehicles, Light Commercial Vehicles and Buses.

 

The demand incentive was available to buyers of xEV in the form of an upfront reduced purchase price to enable wider adoption. Also, grants were sanctioned for specific projects under Pilot Projects, R&D/Technology Development and Public Charging Infrastructure components under the scheme. In the 1st phase of scheme, about 2.78 lakh xEVs were supported with a total demand incentives of Rs. 343 Crore [Approx]. In addition, 465 buses were sanctioned to various cities/states under this scheme.

Revolution in Automobile Industry

Automobille industry is going to be revolutinized in the upcoming years, as Electric vehicles are going to be the future of cars. Electric Vehicles emit lesser amount of hazardous gases as compared to combustion engine vehicles.The main reason behind this technology is to save our environment from hazardous gases and to minimize the extraction of natural resources.

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Electric cars in India
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