Given that close to 6.56 million passenger vehicles were sold in the domestic market in the same period, this number is a piffling one.
02 Aug 2017 | 11384 Views | By Autocar Pro News Desk
The FAME India (Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India) Scheme is learnt to have benefited a total of 148,275 electric and hybrid vehicles (xEVs) from April 1, 2015 till June 30, 2017.
Under FAME India, these 148,275 xEVs have been given direct support by ...
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The FAME India (Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India) Scheme is learnt to have benefited a total of 148,275 electric and hybrid vehicles (xEVs) from April 1, 2015 till June 30, 2017.
Under FAME India, these 148,275 xEVs have been given direct support by way of demand incentives amounting to Rs 192.56 crore, resulting in saving of 13,553,917 litres of fuel and reduction of 33,971,052kg of CO2.
With a view to promote electric mobility in the country, the government of India had approved the National Mission on Electric Mobility (NMEM) in 2011 and subsequently the National Electric Mobility Mission Plan 2020 was unveiled in 2013. NMEM targets an ambitious cumulative fuel saving of about 9,500 million litres equivalent resulting in reduction of pollution and greenhouse gas emissions of 2 million tonnes with targeted market penetration of 6-7 million vehicles by 2020.
The Department of Heavy Industry formulated FAME India to be implemented over a period of six years, till 2020, to support hybrid and EV market development and its manufacturing eco-system to achieve self-sustenance at the end of the stipulated period.
The scheme has four focus areas – technology development, demand creation, pilot projects and charging infrastructure. Details of the government’s financial support for the FAME India Scheme till now are:
Manufacturers registered with the Department of Heavy Industry for availing benefit of demand incentives on their xEVs include:
Mahindra Electric Vehicles
Mahindra & Mahindra
Electrotherm (India)
Maruti Suzuki India
Hero Electric
Toyota Kirloskar Motor
Lohia Auto Industries
Ampere Vehicles
Avon Cycles
Volvo India
Chris Motors
Ajanta Manufacturing
Tunwal Electronics
Okinawa Autotech