Heavy Industries Ministry: The second phase of FAME-II or Faster Adoption and Manufacturing of Electric Vehicles in India programme ends on March 31, 2024. Announcing E-Mobility Promotion Scheme 2024 (EMPS 2024), Heavy Industries Minister Mahendra Nath Pandey said the Modi government is committed to promoting e-mobility in the country.
Haneef Qureshi On EV Growth: Qureshi, addressing a Symposium at the International Automotive Technology (SIAT), projected the next seven years as very important for the Indian automotive industry, especially for electric vehicles. With the PLI scheme at its core, India s automotive revolution is poised for accelerated growth, transforming the nation into a global leader in high technology and sustainable mobility.
Ather Energy: "Despite this resilience, such a scenario would still result in one or two more years of stagnated growth, pushing the industry further away from its targets," the CEO of the electric two-wheeler firm said in a statement.
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