fame

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FAME-II Budgetary Outlay for Electric Vehicles Increased by $180.7 Million

The Ministry of Heavy Industries (MHI) has enhanced the budgetary outlay of the Faster Adoption and Manufacturing of Hybrid & Electric Vehicles (FAME-II) program...

February 12, 2024

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Staff

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Electric Vehicles

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Markets & Policy
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EV Manufacturers Received ₹52 Billion in Subsidies Until December 1, 2023

Subsidies worth ₹52.28 billion (~$627 million) have been disbursed to electric vehicle (EV) manufacturers on the sale of ~1.15 million EVs, as of December 2023, in a bid...

December 6, 2023

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Staff

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Electric Vehicles

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Grid
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Government to Introduce New PLI for Batteries to Boost EV Adoption: R K Singh

The government is working on another Production Linked Incentive (PLI) for batteries to reduce the cost of storage and boost the adoption of electric vehicles (EVs) in...

October 17, 2023

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Staff

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Other

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Renewable Energy
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Electric Vehicle Sales Surge 40% YoY in Q3 2023 with 371,214 Units

Electric vehicle (EV) sales in India reached 371,214 units in the third quarter (Q3) of 2023, a year-over-year (YoY) increase of 40% compared to 264,781 units sold in...

October 3, 2023

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Arjun Joshi

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Electric Vehicles

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Market & Policy
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Daily News Wrap-Up: RUVNL’s 1.2 GW Solar With Storage Auction

Solarcraft Power (BluPine Energy) and ACME Solar have emerged winners in Rajasthan Urja Vikas Nigam’s auction to set up 1,200 MW of solar power projects anywhere in...

August 10, 2023

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Mercom Staff

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Daily Wrap-up
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Parliament Panel Wants Extension of FAME Program Until 2027

A parliamentary committee has recommended that the government extend Phase II of the Faster Adoption and Manufacturing of Electric and Hybrid Vehicles (FAME) for at...

August 9, 2023

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B.S. Nagaraj

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Electric Vehicles

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Grid
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Electric Vehicle Sales Surge 66% YoY in Q2 2023 with 371,340 Units Sold

Electric vehicle (EV) sales in India reached 371,340 units in the second quarter (Q2) of 2023, a year-over-year (YoY) increase of 66% compared to 223,293 units sold in...

July 4, 2023

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Arjun Joshi

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Electric Vehicles

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Market & Policy
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Siemens to Acquire Mass-Tech’s Electric Vehicle Division for ₹380 Million

Siemens, a German-based multinational conglomerate that is also involved in the transmission and generation of power, has signed an agreement to acquire the electric...

May 24, 2023

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Gourav Mishra

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Electric Vehicles

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Grid

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Market & Policy
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India’s EV Push Can Spur Multi-Billion-Dollar Clean Energy Opportunity

Electric vehicles (EVs) have the potential to significantly cut greenhouse emissions and reduce air pollution by replacing traditional fossil fuel-powered internal...

April 21, 2023

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Gautamee Hazarika

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Electric Vehicles

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Other

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Renewable Energy
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Electric Vehicle Sales Surge 81% YoY in Q1 2023, 349,676 Units Sold

Electric vehicle (EV) sales in India reached 349,676 units in the first quarter of 2023, a year-over-year (YoY) increase of 81% compared to 192,565 units sold in the...

April 4, 2023

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Arjun Joshi

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Electric Vehicles

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Markets & Policy
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Parliamentary Panel Suggests Extending FAME Program for EVs by Two Years

A parliamentary committee has recommended extending the Faster Adoption and Manufacturing of Hybrid & Electric Vehicles (FAME-II) program by two years beyond its...

March 29, 2023

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Gautamee Hazarika

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Electric Vehicles

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Market & Policy
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E-Buses Most Cost-Effective Even Sans Subsidy, CESL Bidding Results Show

Electric buses (e-buses) as a service are now the most cost-effective approach to urban public transport with or without subsidy, the bidding process conducted by the...

February 16, 2023

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B.S. Nagaraj

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Electric Vehicles

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Other

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Renewable Energy
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Prices Discovered in Electric Bus Tender 29% lower than Diesel Buses: CESL

Convergence Energy Services Limited (CESL), a wholly owned subsidiary of Energy Efficiency Services Limited (EESL), said that the prices discovered for the largest e-bus...

January 3, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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EV Charging Stations on Highways to be Powered by Solar

The National Highways Authority of India (NHAI) has proposed to power electric vehicle (EV) charging stations along highways with solar energy wherever feasible, the...

January 2, 2023

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B.S. Nagaraj

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Electric Vehicles

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Grid

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Solar
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Daily News Wrap-Up: Over 766,478 EVs Supported Under Phase II of FAME Program

Here are some noteworthy cleantech announcements of the day from around the world: The second phase of the Faster Adoption and Manufacturing of Electric Vehicles (FAME...

December 26, 2022

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Arjun Joshi

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Other

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Renewable Energy

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