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Electric Mobility Gets Further Boost with the Sanction of Buses and Charging Stations

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Electric mobility has got a further boost, as the Modi government sanctioned 670 Electric buses for the states of Maharashtra, Goa, Gujarat and Chandigarh and 241 Charging Stations in Madhya Pradesh, Tamil Nadu, Kerala, Gujarat and Port Blair under Phase-II of the FAME India Scheme. The measure is a step towards easing the pollution and reducing dependency on fossil fuel, which is a huge cost on the Indian exchequer.

Since April 2015, Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India) Scheme is in place to promote the adoption of electric/ hybrid vehicles in India.

In the first phase of the scheme that ended on March 31, 2019, about 2,80,987 hybrid and electric vehicles were supported through the mechanism of demand incentive, amounting to about ₹359 crore. Another 425 electric and hybrid buses were sanctioned to various cities in the country, at a total cost of about ₹280 Crores. The first phase also sanctioned 520 Charging Stations in cities like Bangalore, Chandigarh, Jaipur and the Delhi-NCR region.

Now, Phase-II of FAME India Scheme is being implemented for a period of 3 years from April 1, 2019 with a total budgetary support of ₹10,000 crore. This phase focuses on supporting electrification of public and shared transportation and aims to support, through subsidies, approximately 7,000 e-Buses, 5 lakh e-3 Wheelers, 55,000 e-4 Wheeler Passenger Cars and 10 lakh e-2 Wheelers.  In addition, creation of charging infrastructure is also supported to address the anxiety among users of electric vehicles.

The FAME I and FAME II schemes have been launched by the Narendra Modi led government at a critical juncture. The aim is to achieve EV sales penetration to the tune of 30% of private cars, 70% of commercial cars, 40% of buses and 80% of two and three-wheelers by 2030. You can read in detail how the initiative is going to save forex for India and also serves environment, in our previous article Electric Mobility- A Vision for the Future.

India’s effort in adopting electric mobility in large-scale has attracted global attention as well.

To know how FAME India has evolved, you can refer to our earlier article FAME INDIA – Bringing Electric Vehicle Revolution to India.

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