Definitions and criteria for EV vehicles in FAME II
The confirmed definitions and the criteria for EV vehicles under the second FAME policy.
On March 1, 2019, the government of India finally outlined and announced the details of the second phase of the much-awaited electric vehicle promotion/adoption policy. For vehicles to avail subsidy under the scheme, the criteria limited the maximum cap on all categories (except buses) to 20 percent of the cost of the vehicle.
To further confirm the road map to an efficient electric vehicle ecosystem under the recently announced Rs 10,000 crore FAME II policy the government has released a notification that elaborates on the technology definitions and the performance and efficiency eligibility criteria for electric two-wheeler, three-wheeler and four-wheeler category.
Also read: FAME India Phase II outlay of Rs 10,000 crore gets government approval
Government outlines criteria for EV subsidy, battery capacity replaces 20% vehicle cost cap
Heavy Industry Ministry scouts for 'Knowledge Partner' to promote FAME II
FAME II good but not enough, says India Auto Inc at Two-Wheeler Industry Conclave
Next 12-16 months will have long-lasting effect on India Auto Inc: Frost & Sullivan
Tork Motors urges government to increase FAME II electric 2W incentive limit
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