Central govt has target to ensure sale of 60-70 lakh hybrid and electric vehicles by 2020
The Central government had approved the National Mission on Electric Mobility in 2011 and subsequently the National Electric Mobility Mission Plan 2020 was unveiled in 2013.
The Minister said that as part of the mission, Department of Heavy Industry formulated a scheme namely FAME -India [Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India].
The overall scheme is proposed to be implemented over a period of six years, till 2020, wherein it is intended to support the hybrid / electric vehicles market development and its manufacturing eco-system to achieve self-sustenance at the end of the stipulated period.
At present, the Phase-1 of the scheme is being implemented, which was originally for a period of two years commencing from April 1, 2015 till March 31, 2017, and has now been extended for a further period of 6 months till September 30, 2017.
Since FAME India Scheme, at present, is not applicable pan-India in totality, the Department captures the data of vehicles which are sold under Demand Creation focus area of the scheme, whereby demand incentive is extended for purchase of electric & hybrid vehicles in these covered areas.
Under the scheme, a total of 1,50,550 electric/hybrid vehicles were extended incentive as of July 26, 2017, the Minister said in his reply
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
