Implication of FAME 2 reduction on Indian EV Market
Implication of FAME 2 reduction on Indian EV Market In 2015, the Indian government introduced the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME) scheme to spur demand for electric vehicles (EVs) by providing incentives to manufacturers and buyers. The second phase of this program, known as FAME-2, commenced in 2019, allocating …
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