July 22: Under Phase II of the FAME-India Scheme, incentives are provided to buyers of electric vehicles in the form of an upfront reduction in the purchase price of electric vehicles. The incentive is linked to battery capacity i.e. Rs. 10,000/KWh for e-3W and e-4W with a cap of 20 % of the cost of the vehicle. Further, the incentive/ subsidies for e-2W have been fixed @10,000/- per kWh with a cap of 15% of the cost of the vehicle w.e.f. 01st June 2023.
Further, the Government on 12th May 2021 approved a Production Linked Incentive (PLI) Scheme for the manufacturing of Advance Chemistry Cell (ACC) in the country. The total outlay of the scheme is Rs. 18,100 Crore for a period of 5 years. The scheme envisages to establish a competitive ACC battery manufacturing set-up in the country (50 GWh). Additionally, 5GWh of niche ACC technologies is also covered under the Scheme. The scheme proposes a production-linked subsidy based on applicable subsidy per kWh and the percentage of value addition achieved on actual sales made by the manufacturers who set up production units.
In order to promote the use of electric vehicles in the country, the Government launched the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India) Scheme in 2015 on an India basis. Presently, Phase II of the FAME India Scheme is being implemented for a period of 5 years w.e.f. 01st April 2019 with a total budgetary support of Rs. 10,000 crores.
As per the e-vahan portal (Ministry of Road Transport and Highways), the detailed list of electric vehicles and total vehicles on roads, State/UT-wise is at ANNEXURE.
As per data available with the Bureau of Energy Efficiency (BEE), Ministry of Power, a total of 8,738 Public Charging Stations (PCS) are operational in the country as on 30th June 2023.Disclaimer: We donot claim that the images used as part of the news published are always owned by us. From time to time, we use images sourced as part of news or any related images or representations. Kindly take a look at our image usage policy on how we select the image that are used as part of the news.