The government’s much-awaited incentive scheme for electric vehicles under the Faster Adoption and Manufacturing of hybrid and electric vehicles or FAME II is likely to be a deterrent for electric two wheelers.
The new scheme may link the incentives to the battery power – higher the power, higher the incentive.
Most electric two-wheelers running on Indian roads use low power and fast charging batteries. Therefore, the incentives are expected to come down sharply.
The cabinet note for the scheme drafted and proposed by the department of heavy industry is due to be taken up for approval before
The new scheme may link the incentives to the battery power – higher the power, higher the incentive.
Most electric two-wheelers running on Indian roads use low power and fast charging batteries. Therefore, the incentives are expected to come down sharply.
The cabinet note for the scheme drafted and proposed by the department of heavy industry is due to be taken up for approval before