Press Information Bureau

The Ministry of Heavy Industries formulated a Scheme Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India) Scheme in 2015 to promote adoption of electric/ hybrid vehicles (xEVs) in the country.  At present, Phase-II of FAME India Scheme is being implemented for a period of 5 years w.e.f. April 01, 2019 with a total budgetary support of Rs. 10,000 crores.  This phase focusses on supporting electrification of public & shared transportation and aims to support, through subsidies, 7090 e-Buses, 5 lakh e-3 Wheelers, 55000 e-4 Wheeler Passenger Cars and 10 lakh e-2 Wheelers. 38 original equipment manufacturers (OEMs) of e-2W, e-3W & e- 4W have been registered under phase-II of FAME-India Scheme as on 9^th  August 2021.  Details of Electric Vehicle Manufacturers/ Original Equipment Manufacturers registered under Phase- II of Fame India Scheme is given at Annexure I.

Ministry of Road Transport and Highways has informed that as per e-vahan portal, the details of electric vehicles registered in the country over the last three years is as under:

Under FAME-II scheme, the demand incentive for e-2W is increased to Rs. 15,000/KWh from Rs. 10,000/KWh with an increase in cap from 20% to 40% of cost of vehicle to increase adoption of e-2W.  Further, the phase-II of FAME-India Scheme is extended for a period of two years after 31^st March, 2022.

The, following initiatives have also been taken up by the Government of India for promotion of electric vehicles in the country –

1. The Government on May 12, 2021 approved a Production Linked Incentive (PLI) scheme for manufacturing of Advanced Chemistry Cell (ACC) in the country in order to bring down prices of battery in the country.  Drop in battery price will result in cost reduction of electric vehicles.
2. GST on electric vehicles has been reduced from 12% to 5%; GST on chargers/ charging stations for electric vehicles has been reduced from 18% to 5%.
3. Ministry of Road Transport & Highways (MoRTH) announced that battery-operated vehicles will be given green license plates and be exempted from permit requirements.
4. MoRTH issued a notification advising states to waive road tax on EVs, which in turn will help reduce the initial cost of EVs.

                                                                                                                                                                        Annexure-I

Details of Electric Vehicle Manufacturers/ Original Equipment Manufacturers registered under Phase- II of Fame India Scheme

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

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