FAME Scheme
The FAME Scheme, or Faster Adoption and Manufacturing of Hybrid and Electric Vehicles, aims to promote electric mobility in India. It provides financial incentives for the purchase of electric vehicles and supports charging infrastructure development. The initiative seeks to reduce pollution and dependence on fossil fuels. It aligns with India's commitment to sustainable development and environmental conservation.
India’s electric mobility initiative has accelerated the growth of the e-cycle market across the country. In 2023, e-cycle sales increased by over 45%, reaching approximately 1.2 million units....
April 15, 2026
