Electric Mobility Promotion Scheme is Finally Announced: Rs 500 Cr offered to Grow EV Sales
Electric Mobility Promotion Scheme is Finally Announced: Rs 500 Cr offered to Grow EV Sales
Staff
Fri, 03/15/2024 - 13:11
Although the current mobility scheme does not take four wheelers into consideration, the subsidies under FAME II will be provided for the four wheelers
In a further effort to grow the volume of electric vehicle adoption rate in the country, the government has now unleashed the Electric Mobility Promotion Scheme 2024 by the central minister for heavy industries, Mahendra Nath Pandey. The scheme with an allocated outlay of Rs 500 Crore is expected to expand sales of electric cars until July 2024.
[original story: Circuit Digest]