New Delhi : The government has reduced the subsidy provided under FAME-II (Faster Adoption of Manufacturing of Electric Vehicles in India) scheme applicable on electric two-wheelers registered on or after June 1, 2023. The Heavy Industries Ministry notified the changes. For electric two-wheelers, the demand incentive will be Rs 10,000 per kWh. The cap on […]
Andhra Pradesh to procure 25 thousand electric 2 wheelers for state government employees
Hyderabad : Convergence Energy Services Limited (CESL), a government of India company under Ministry of Power, signed an agreement with New & Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) to provide 25 thousand electric 2 wheelers in the state. These electric vehicles will be provided to state government employees of Andhra Pradesh and the […]
Increased Subsidy For Electric 2-Wheelers by Govt. Under FAME-II Scheme Will Increase Adoption and Stimulate R&D
Increased Subsidy For Electric 2-Wheelers by Govt. Under FAME-II Scheme Will Increase Adoption and Stimulate R&D. Mr. Pankaj Tiwari, Chief Marketing Officer, Nexzu Mobility, said – “Government’s move to increase subsidy to electric bikes and scooters by 50%,subject to those that meet the FAME II criteria, is a welcome stimulus which will boost adoption and encourage research & development and innovation […]
CESL Expands Into Electric 2 Wheelers and 3 Wheelers on World Environment Day
CESL signs agreements for over 30,000 vehicles with Goa, and Kerala for two- and three-wheelers CESL has also entered in strategic relationships with Bharat Electronics Ltd, Fortum, JBM Renewables Pvt Ltd, TVS Motor Company for building the electric mobility ecosystem in the country Step towards making the EVs more affordable and reachable to the people […]