Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) Scheme - Phase I & II
Publication Date:
Jan 07, 2023
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The Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme was launched in April 2015 under the National Electric Mobility Mission, to encourage electric and hybrid vehicle purchase by providing financial support. Its first phase ran for four years until 2019.
The second phase (FAME II) is a 3-year subsidy programme. It aims at supporting the electrification of public and shared transportation: around 7,000 electric and hybrid buses, 500,000 lakh electric three wheelers, 55,000 electric four wheeler passenger cars, and 1 million electric two wheelers.
The programme also finances charging infrastructures. Until July 2022, a total of 532 charging stations have been installed.
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