by admin | May 3, 2019 | blog
Faster Adoption and Manufacturing of Hybrid and Electric Vehicles, or FAME 2 scheme aims to boost electric mobility and increase the number of electric vehicles in commercial fleets.
Target: The outlay of ₹10,000 crore has been made for three years till 2022 for FAME 2 scheme.
The government will offer the incentives for electric buses, three-wheelers and four-wheelers to be used for commercial purposes.
Plug-in hybrid vehicles and those with a sizeable lithium-ion battery and electric motor will also be included in the scheme and fiscal support offered depending on the size of the battery..
by admin | Mar 15, 2019 | blog
The presence of electric cars is believed to be driving vehicle fuel diversification from oil to electricity which has a significant impact on air quality. Not only that, the presence of electric cars will also reduce the volume of fuel imports.
However, electric cars are very necessary because fuel consumption continues to increase along with the growth in the number of motorized vehicles as well as the strengthening of highway infrastructure.
in the future it is difficult to balance the increase in demand or fuel consumption. One way to reduce fuel imports or import crude oil is by electric cars.
In order to realise the government’s target of 30 percent EV penetration by 2030, utilities will need to significantly invest in grid upgradation and the development of publicly available fast-charging stations to support the planned EV growth.
