Subsidy to e-Vehicle Manufacturers Under FAME Scheme
The Ministry of Heavy Industries has clarified that under the FAME Scheme, subsidies are provided to buyers of electric vehicles, not to manufacturers. The scheme offers upfront price reductions for consumers, which are later reimbursed to Original Equipment Manufacturers (OEMs). The report details the financial allocations and utilization for both phases of the scheme, including the number of electric vehicles sold and the establishment of charging infrastructure across various districts in India.
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