Ministry of Heavy Industries stated that total 5,17,322 electric vehicles have been registered in the country over the last three years. The Ministry of Heavy Industries formulated a Scheme Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India) Scheme in 2015 to promote adoption of electric/ hybrid vehicles (xEVs) in the country.
At present, Phase-II of FAME India Scheme is being implemented for a period of 5 years w.e.f. April 01, 2019 with a total budgetary support of Rs. 10,000 crores. This phase focusses on supporting electrification of public & shared transportation and aims to support, through subsidies, 7090 e-Buses, 5 lakh e-3 Wheelers, 55000 e-4 Wheeler Passenger Cars and 10 lakh e-2 Wheelers. 38 original equipment manufacturers (OEMs) of e-2W, e-3W & e- 4W have been registered under phase-II of FAME-India Scheme as on 9th August 2021.
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