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Second round of probe finds four more firms in FAME-II scheme violations

However, from June 1, 2023, the Centre has slashed the subsidy for electric two-wheelers to Rs 10,000 per Kwh

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The government provides an incentive of Rs 15,000 per kWh on electric two-wheelers, capped at 40 per cent of the total vehicle cost, provided they meet specified localisation criteria

Nitin Kumar New Delhi

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The central government in its second round of investigation into the alleged violation of Phased Manufacturing Programme (PMP) guidelines under the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME-II) scheme has found four more original equipment manufacturers (OEM) not conforming to the norms.

The Automotive Research Association of India (ARAI) has found Greaves Electric Mobility (formerly Ampere Vehicles), Benling India Energy and Technology, Revolt Intellicorp, and AMO Mobility allegedly violating the localisation norms, government officials told Business Standard. ARAI, a statutory body under the Ministry of Heavy Industry (MHI), is handling the probe into the allegations of

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First Published: May 24 2023 | 7:47 PM IST

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