Clarification regarding Schemes for accelerating the adoption of electric vehicles

The Ministry of Heavy Industries (MHI) formulated a Scheme namely; Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India) Scheme in 2015 to promote adoption of electric/ hybrid vehicles (xEVs) in India. This phase of FAME India Scheme had four focus areas i.e. technological development, demand generation, pilot project and charging infrastructure components. This phase-II mainly focused on supporting electrification of public & shared transportation, and aimed to support through demand incentive 7,262 e-Buses, 1,55,536 e-3 Wheelers, 30,461 e-4 Wheeler Passenger Cars and 15,50,225 e-2 Wheelers. In addition, creation of charging infrastructure is also supported under the Scheme.

Ministry of Heavy Industries is currently implementing the following schemes for accelerating the adoption of electric vehicles in the country:

  1. Electric Mobility Promotion Scheme 2024 (EMPS) with an outlay of  ₹ 778 Crore for a period 6 months, w.e.f. 1st April 2024 till 30th September 2024, which provides incentives to buyers of e-2W and e-3W.
  2. Production Linked Incentive Scheme for Automobile and Auto Component Industry (PLI-AAT) with a budgetary outlay of  ₹ 25,938 Crore. The scheme incentivises various categories of electric vehicles including e-2W, e-3W, e-4W, e-buses & e-trucks also.
  3. Production Linked Incentive Scheme for manufacturing of Advanced Chemistry Cell (PLI-ACC) in the country with a budgetary outlay of ₹18,100 Crore.
  4. Scheme to Promote Manufacturing of Electric Passenger Cars to attract investments from global EV manufacturers and promote India as a manufacturing destination for e-vehicles.

RECENT UPDATES