FAME India Scheme benefits 148,275 electric and hybrid vehicles in 27 months
The FAME India (Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India) Scheme is learnt to have benefited a total of 148,275 electric and hybrid vehicles (xEVs) from April 1, 2015 till June 30, 2017.
Under FAME India, these 148,275 xEVs have been given direct support by way of demand incentives amounting to Rs 192.56 crore, resulting in saving of 13,553,917 litres of fuel and reduction of 33,971,052kg of CO2.
With a view to promote electric mobility in the country, the government of India had approved the National Mission on Electric Mobility (NMEM) in 2011 and subsequently the National Electric Mobility Mission Plan 2020 was unveiled in 2013. NMEM targets an ambitious cumulative fuel saving of about 9,500 million litres equivalent resulting in reduction of pollution and greenhouse gas emissions of 2 million tonnes with targeted market penetration of 6-7 million vehicles by 2020.