Status and Future of FAME Scheme for Electric Vehicles
As of March 31, 2025, the FAME-II Scheme has disbursed a total of ₹6,559 crore in subsidies for electric vehicles, covering over 16 lakh units across various categories. The government has implemented safety measures for EV batteries and launched new schemes like PM E-DRIVE to continue incentivizing electric mobility until March 2026.
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