New Delhi: To bring the cost of electric vehicles at par with petrol vehicles, the government under the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India) Scheme supports electric vehicles by way demand incentives. The demand incentive for electric two wheelers has been increased to Rs. 15,000/KWh from Rs. 10,000/KWh with an increase in cap from 20% to 40% of the cost of vehicle from 11th June, 2021.
Creation of charging infrastructure is being supported under FAME India Scheme to address range anxiety among users of electric vehicles. 520 charging stations have been sanctioned under the Phase-I of FAME India Scheme. Out of 520 charging stations, 452 EV charging stations has been installed.
In Phase-II of FAME-India Scheme, Rs. 1000 Cr. is allocated for the development of charging infrastructure. This Ministry has sanctioned 2,877 Electric Vehicle Charging Stations in 68 cities across 25 States/UTs. Further, 1576 charging stations have been sanctioned across 9 Expressways and 16 Highways under Phase II of FAME India Scheme.
