Ministry of Heavy Industries

Ministry of Heavy Industries provides subsidy amounting to Rs. 5294.00 crore to EV manufactures on sale of 11,79,669 no. of EVs under phase-II of FAME Scheme, as on 11th December, 2023

Posted On: 18 DEC 2023 5:36PM by PIB Delhi

The Ministry of Heavy Industries  has given subsidy amounting to Rs. 5294.00 crore to electric vehicle manufactures on sale of 11,79,669 no. of electric vehicles under phase-II of FAME India Scheme,  as on 11.12.2023 (as per http://fame2.heavyindustries.gov.in/dashboard.aspx).

The details of sold electric vehicles category wise are as under:

 

Sl. No.

Wheeler Type

Total No. of Vehicle

1.

2 wheeler

10,42,110

2.

3 wheeler

1,22,690

3.

4 wheeler

14,869

Total

11,79,669

 

Further, MHI sanctioned 6862 electric buses to various cities/STUs/State Govt. entities for intracity operations.Out of 6862 e-buses, 3487 e-buses have been supplied to STUs as on date i.e. 29thNovember, 2023.

Ministry of Heavy Industries has also sanctioned Rs. 800 Cr. as capital subsidy to the three Oil Marketing Companies (OMCs) of the Ministry of Petroleum and Natural Gas (MoPNG) for establishment of 7,432 electric vehicle public charging stations.

Further, the Ministry of Heavy Industries has launched two production linked incentive schemes to promote domestic manufacturing of Advanced Automotive Technology products including electric vehicles and advanced chemistry cells:

  1. Production Linked Incentive (PLI) Scheme for Automobile and Auto Component Industry with a budgetary outlay of Rs. 25,938 crore, provides financial incentives to boost domestic manufacturing of Advanced Automotive Technology products including electric vehicles and their components. The scheme provides incentive up to 18% of eligible sales of electric vehicles and their components.
  2. The Government has approved Production Linked Incentive (PLI) scheme, ‘National Programme on Advanced Chemistry Cells (ACC) Battery Storage’ for manufacturing of ACC in thecountry with a budgetary outlay of Rs. 18,100 crore. Thescheme incentivises the establishment of Giga scale ACC manufacturing facilities in the country for 50 Giga Watt hour (GWh). These ACCs will be used in batteries which are aimed to promote the widespread adoption of EVs.

 

The Ministry of Heavy Industries formulated Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India Phase II) Scheme for a period of five years commencing from 1st April,2019 with a total budgetary support of Rs. 10,000 crore.  This phase mainly focuses on supporting electrification of public & shared transportation, and aims to support through demand incentive 7090 e-buses, 5 lakh e-3 Wheelers, 55000 e-4 Wheeler Passenger Cars and 10 lakh e-2 Wheelers. In addition, creation of charging infrastructure is also supported under the Scheme. Further details about the FAME II India scheme can be seen on the website at https://heavyindustries.gov.in/fame-ii.

This information was given by the Minister of State for Heavy Industries, Shri Krishan Pal Gurjar, in a written reply in Rajya Sabha today.

 

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BY/TFK



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