The FAME II scheme was modified by the Department of Heavy (DHI).
Highlights:
The goal of the modification is to encourage the use of electric vehicles.
The implementation of a demand incentive of Rs. 15,000 per kWh for electric two-wheelers, with a maximum cap of 40% of the vehicle’s cost.
Energy Efficiency Services Limited has launched an Aggregate Demand for 300,000 electric three-wheelers.