This document is a corrigendum to the Scheme for Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India Phase II), published by the Ministry of Heavy Industries and Public Enterprises, Department of Heavy Industry, in New Delhi on June 11, 2021.
The key updates include:
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Paragraph 17 (i): This amendment focuses on reducing the upfront cost of electric three-wheelers (3Ws) to make them more affordable compared to Internal Combustion Engine (ICE) three-wheelers. The Department of Heavy Industry will work with Energy Efficiency Services Limited (EESL) to aggregate demands for approximately 3 lakh electric 3Ws across various user segments. The details for implementing this plan will be determined by EESL.
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Paragraph 17 (ii): For electric buses, the focus is on targeting major cities such as Mumbai, Delhi, Bangalore, Hyderabad, Ahmedabad, Chennai, Kolkata, Surat, and Pune. EESL will aim to aggregate demand for the remaining electric buses in these cities based on the operational expenditure (OPEX) model. The specifics for this process will also be handled by EESL.
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Paragraph 20 (i): For electric two-wheelers, the incentive rate is set at Rs 15,000 per kilowatt-hour (KWh).
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Paragraph 26 (i): The maximum incentive allowed for electric two-wheelers is capped at 40% of the vehicle's cost.
These changes were implemented with effect from the date of publication in the Official Gazette. The corrigendum was uploaded by the Department of Printing at the Government of India Press in Mayapuri, New Delhi, and published by the Controller of Publications in Delhi.
