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India EV Sales: Sales of EVs in India fell 20 per cent in FY'21 to 2,36,802 units: SMEV

Synopsis
Commenting on the sales performance, SMEV Director-General Sohinder Gill said, we were anticipating a good growth before the start of FY21, but sales remained stagnant due to various reasons. The sales in the electric three-wheeler and two-wheeler segment stood low as compared to last year.
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Society of Manufacturers of Electric Vehicle (SMEV) on Thursday said sales of EVs in India fell 20 per cent in the financial year 2020-21 to 2,36,802 units.
In 2019-20 sales of electric vehicles (EVs), including electric two-wheelers (E2W), electric three-wheelers (E3W) and electric four-wheelers (E4W), stood at 2,95,683 units.
For FY21, the E2W segment sales declined by 6 per cent to 1,43,837 units, as compared to 1,52,000 units in FY20, SMEV said in a statement, adding that the FY21 E2W sales included 40,836 high-speed and 1,03,000 low-speed E2W. ....

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Government Releases Rs. 212 Crore For Procurement Of E-Buses Under FAME Scheme

Government Releases ₹ 212 Crore For Procurement Of E-Buses Under FAME Scheme
The centre had reportedly received 86 proposals from 26 states/UTs for the deployment of around 15,000 e-buses.
By
Charanpreet Singh (With Inputs From PTI)
| Updated:
10-Feb-21 03:03 PM IST
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Highlights
FAME India scheme was introduced in 2015 to promote eco-friendly vehicles
Around 600 electric buses will be utilised for intercity operation
The Indian government has released an amount of ₹ 212.31 crore for the procurement of electric buses as of January 31, 2021. According to a report from PTI, this amount was approved by the centre under the second phase of FAME-II scheme, which was informed to the Parliament. The FAME (Faster Ado ....

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Union Budget 2021: Society of Manufacturers of Electric Vehicles calls for rejig of FAME II

Union Budget 2021: Society of Manufacturers of Electric Vehicles calls for rejig of FAME II
The Rs 10,000-crore FAME-II scheme, which is to be implemented over a period of three years, came into effect from 1 April, 2019
Representational image. Reuters.
New Delhi: Ahead of the upcoming Union Budget, Society of Manufacturers of Electric Vehicles (SMEV) has asked Finance Minister Nirmala Sitharaman to either rejig the FAME II scheme or reintroduce FAME I, saying the programme meant to promote EVs in its second avatar has been able to achieve less than 10 per cent of its target.
The Rs 10,000-crore FAME-II scheme which is to be implemented over a period of three years came into effect from 1 April, 2019. It is the expanded version of FAME India I (Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles (FAME) which was launched on April, 2015, with a total outlay of Rs 895 crore. ....

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electric vehicles: Society of Manufacturers of Electric Vehicles calls for rejig of FAME II or reintroduction of FAME I

Synopsis
The FAME II scheme had planned to support 10 lakh electric two-wheelers, five lakh three-wheelers, 55,000 four-wheelers and 7,000 buses.
Reuters
FAME II is the expanded version of FAME India I (Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles (FAME) which was launched on April 1, 2015, with a total outlay of Rs 895 crore.
New Delhi: Ahead of the upcoming Union Budget, Society of Manufacturers of Electric Vehicles (SMEV) has asked Finance Minister Nirmala Sitharaman to either rejig the FAME II scheme or reintroduce FAME I, saying the programme meant to promote EVs in its second avatar has been able to achieve less than 10 per cent of its target. ....

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