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The second phase of Faster Adoption of Electric Vehicles (FAME) was launched in 2019, with a sales target of 15.62 lakh EVs by March 2022. The scheme was then extended till March 2024. However, only about half the targeted vehicles had been sold till February 2023.
According to a new report published by Allied Market Research, titled, Automotive Energy Recovery System Market, The global automotive energy recovery system