Indian government extends FAME 2 EV subsidy scheme until 2024
Government had allocated INR10,000 crore (USD1.3 billion) to accelerate EV adoption across India
The Union government of India has extended its EV subsidy scheme named Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) by another two years till 31 March 2024, according to a notification issued in the Central government’s Gazette of India on 25 June.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here