The details of the demand incentives along with vehicle types and total vehicles supported under FAME India Scheme by the Government with effect from 1^st April, 2015 to 28^th February, 2017 is tabulated below:

Vehicles Type	Total Vehicles  supported	Total Amount of incentives  (Committed +released) (in Rs.)
Low Speed 2 Wheeler with Conventional Battery	33496	25,12,20,000
High Speed 2 Wheeler with Conventional Battery	1386	1,30,28,400
Mild Hybrid 4 Wheeler	73633	95,72,29,000
Low Speed 2 wheeler with Advanced Battery	193	32,81,000
Strong Hybrid 4 Wheeler	1949	13,64,30,000
Full Electric Car	1230	15,25,20,000
Full Electric LCV	10	18,70,000
Total Vehicles supported	111897
Total Amount of Claim Received		151,55,78,400
Total Amount Released as on 28/02/2017		127,77,38,200

 

Under FAME India Scheme, the demand incentive amount, has been determined for Electric / Hybrid Vehicles (xEVs) taking into account the principle of Total cost of ownership (TCO), Payback period on account of saving, cost of maintenance etc. Further the demand incentives has been categorised in two slabs – Level 1 and Level 2, so as to promote the development of technologies and vehicles with higher fuel savings potential.

The details of demand incentives for various Vehicle categories is available at Annexure 13 of the FAME India Scheme of the Government are available at DHI Site-dhi.nic.in.

         This information was given by Minister of State in the Ministry of Heavy Industries and Public Enterprises Shri Babul Supriyo in reply to a written question in the Rajya Sabha today.

******

ST/IA

(Release ID: 1485965) Visitor Counter : 376