About:
- Full name of scheme: Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India Phase II).
- Implementing agency: Department of Heavy Industry.
- Objective: Promotion of Electric and hybrid vehicle in the country by offering upfront Incentive on purchase of Electric vehicles and by establishing charging Infrastructure for electric vehicles.
- Duration:
- The scheme with total outlay of Rs 10,000 Crores over the period of three years (2019-20 to 2021-22) will be implemented with effect from 1st April 2019.
- This scheme is the expanded version of the present scheme titled 'FAME India1 which was launched on 1st April 2015, with total outlay of Rs. 895 crores.
- Benefits: The scheme will help in addressing the issue of environmental pollution and fuel security.
Salient features of the scheme:
- Target is to support 10 Lakhs e-2Wheeler, 5 Lakhs e-3Wheelers, 55000 4Wheelers and 7000 Buses.
- Emphasis is on electrification of the public transportation that includes shared transport.
- The benefits of incentives, will be extended to only those vehicles which are fitted with advance battery like a Lithium Ion battery and other new technology batteries.
- About 2700 charging stations will be established in metros, million plus cities, smart cities and cities of Hilly states to ensure availability of at least one charging station in a grid of 3 km x 3 km.
- Charging stations will also be established on major highways connecting major city clusters at an interval of about 25 km each.