ANTICIPATING FAME-III: EXPECTATIONS AND PATHS FOR INDIA’S EV REVOLUTION

Published On: 08/01/2024

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India has been pursuing the goal of electric mobility for several years, with the launch of the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME) scheme in 2015. As the second phase of the scheme, FAME-II, is nearing its end, the Indian Government is considering a potential third phase of the scheme, FAME-III, to further boost the EV industry in India. This article outlines possible areas of improvement, opportunities and expectations from FAME-III