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Govt's Rs 10,000-cr scheme to promote electric vehicles fails to take off in its first year

By : Sustainability ..., Apr 23, 2020

The government’s push to incentivise the purchase of electric vehicles in India has failed to take off, with only a fraction of the targeted number sold in the first year of the three-year Rs 10,000 crore subsidy scheme. The second phase of the Faster Adoption and...

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Govt to invite bids for reallocation of subsidy for 2,000 e-buses in February

By : Sustainability ..., Jan 22, 2020

The Centre will invite proposals from state transport departments for reallocation of central subsidy for 2,000 electric buses under its Fame II scheme to promote electric mobility, but will not allow participation of cities that defaulted in the first round, people aware of...

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Electric 2-wheeler makers learning to survive without subsidy: SMEV

By : Sustainability ..., Jan 6, 2020

Mass segment electric two-wheeler makers are learning to "live without government support" as FAME II scheme to promote electric mobility has not met its objective, according to industry body SMEV. The Society of Manufacturers of Electric Vehicle (SMEV) said after getting a "...

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Future is green: 2020 may see re-birth of electric vehicles, say experts

By : Sustainability ..., Dec 30, 2019

The year 2019 was a mix of ups and downs for the electric vehicle (EV) sales in the country. The coming year is expected to be better, with the entry of more electric cars and Chinese entities’ entry, bringing down the average cost. The second phase of the Rs 10,000-crore...

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Hyderabad firm may emerge as lowest bidder for e-bus project

By : Sustainability ..., Dec 20, 2019

Hyderabad-based Olectra Greentech Ltd (formerly Goldstone Infratech Ltd) and its Chinese technical partner BYD are likely to emerge as the lowest bidder in the electric bus project of state corporations in Karnataka, multiple sources in state transport undertakings (STUs)...

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Surat Municipal Corporation standing committee approves tender for 150 electric bus

By : Sustainability ..., Dec 16, 2019

With Surat Municipal Corporation’s (SMC) standing committee approval of the tender by a Secunderabad-based company for operating 150 electric buses in the diamond city, soon city will replace its diesel-run buses on its dedicated BRTS route. Official sources said that about...

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Fuelling clean drive: Electric vehicles get green plates in Delhi

By : Sustainability ..., Nov 25, 2019

Electric vehicles in Delhi have started sporting green-coloured registration plates, made mandatory by the transport department to distinguish them from fuel-run vehicles. “The Centre had recently issued an order to make it compulsory for all electric vehicles to have green...

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Rs 360-cr subsidy given to 285,000 EV buyers under FAME India: Javadekar

By : Sustainability ..., Nov 20, 2019

Union Minister Prakash Javadekar on Tuesday said that about 2.85 lakh buyers of electric/hybrid vehicles have been supported by a subsidy of Rs 360 crore under the FAME India Scheme. He said that the benefit of incentives to buyers of mild hybrid vehicles under Faster...

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Electric Vehicles body seeks to delink localisation from subsidy incentives

By : Sustainability ..., Apr 11, 2019

The Society of Manufacturers of Electric Vehicles (SMEV) on Tuesday urged the project implementation and sanctioning committee (PISC) to delink localisation and ex-showroom prices of e-bikes...

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Subject Tags: EV subsidy , FAME II , India , SMEV