66 Lakh EVs Benefited Under FAME India Scheme Phase-II

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7.66 lakh EVs benefited under FAME India Scheme Phase-II

Till December 19, 2022, 66,478 Electric Vehicles (EVs) have been supported under the Phase-II of Faster Adoption and Manufacturing of Electric Vehicles (FAME India) Scheme.

They have been supported by way of Demand Incentive amounting to about Rs 3,311 crore.

Under the scheme, 6315 e-buses have been sanctioned across 26 states and 2877 charging stations in 68 cities across 25 states/UTs.

In the current financial year, the budget allocation is Rs 2903.08 crore and Rs 1128.45 crore fund has been utilised as on November 30, 2022.

Since 2019-20 to 2020-21, the budget allocation and the fund utilisation has been equivalent.

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66 Lakh EVs Benefited Under FAME India Scheme Phase-II

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