Industry Players Hail Indian Government's Move To Enhance 'FAME II Scheme' for Widespread Adoption and Longevity of EVs in Country

New Delhi, February 12: Industry players on Monday hailed the government슬롯사이트™s move to enhance the scheme outlay of Faster Adoption and Manufacturing of Electric Vehicles (FAME) India Phase II, saying it will enhance infrastructure, foster widespread adoption and longevity of electric vehicles across the country. The Ministry of Heavy Industries announced that the scheme outlay of FAME India Phase II has been enhanced from Rs 10,000 crore to Rs 11,500 crore under FAME India scheme Phase II in order to give a further push to clean mobility in the country.

The ministry also said that it is a 슬롯사이트œfund and term limited scheme슬롯사이트�, which means that the subsidies for demand incentive will be eligible for e-two-wheelers, e-three-wheelers, and e-four-wheelers sold till March 31, 2024 or till the time the funds are available, whichever is earlier.슬롯 머신 사이트 추천Tesla Temporarily Trims Some of Its 'Model Y' Vehicles Prices in the US To Grow Sales Amid Rising Competition From China.

슬롯사이트œWe applaud the government's decision to enhance the FAME India Scheme Phase II outlay to Rs 11,500 crore. This timely boost in investment is a shot in the arm for the EV industry, accelerating its growth trajectory and paving the way for a cleaner, more sustainable future,슬롯사이트� VG Anil, CEO of EV battery manufacturer Arenq.

The main objective of the scheme is to encourage faster adoption of electric and hybrid vehicles by way of offering upfront incentives on purchase of EV and also by establishing a necessary charging infrastructure for electric vehicles.

슬롯사이트œThis Rs 1,500 crore boost sends a clear message: India is serious about electrifying its mobility landscape. Lower upfront costs for EVs, coupled with enhanced charging infrastructure, will incentivize riders to choose eco-friendly travel, accelerating the transition to a zero-emission future,슬롯사이트� Mayank Bindal, Founder and CEO, Snap E Cabs, told IANS.

The number of EV charging stations that are operating in the country has gone up to 12,146 (as of February 2 this year), according to the government data. 슬롯사이트œThe extension of FAME II until the end of March with a substantial outlay of 1,500 crore is a positive move,슬롯사이트� said Avinash Sharma, Co-Founder of ElectricPe.슬롯 머신 사이트 추천슬롯사이트˜Mr.Bean슬롯사이트� Actor Rowan Atkinson Blamed in House of Lords for Slump in Sale of EVs in UK During Its Environment and Climate Change Committee Meeting.

슬롯사이트œThis not only strengthens consumer-side subsidies but also enhances infrastructure, fostering widespread adoption and longevity of electric vehicles across the country,슬롯사이트� Sharma added.