India registers 5.17 lakh EVs in the last three years: Ministry of Heavy Industries
The Ministry of Heavy Industries of India has announced that India registered a total of 5,17,322 electric vehicles (EVs) over three years under the FAME scheme.
Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India) Scheme was introduced in 2015 to encourage the adoption of EVs in the country.
At present, Phase-II of the FAME is being implemented for five years, starting from April 01, 2019, with the total financial support of Rs. 10,000 crores.
Minister of State for Heavy Industries Mr. Krishan Pal Gurjar provided this information to the Lok Sabha in a written reply. He added that 1,04,806 EVs have been registered in the country during 2021 (till July 19).
However, in 2018, 1,31,554 EVs were registered in India, this number soared to 1,61,314 during 2019. In 2020, there was a dip in the number of EVs registered at 1,19,648, totaling 5,17,322 as per data provided by the Ministry of Heavy Industries.
The minister also notified that FAME II concentrates on supporting electrification of public & shared transportation and aims to support, through subsidies, 7090 e-buses, 5 lakh e-3W, 55000 e-4W passenger cars, and 10 lakh e-2W. Along with 38 original equipment manufacturers (OEMs) of e-2W, e-3W & e- 4W have been registered under FAME II Scheme as of 9th August 2021.
Lately, under FAME-II, the demand incentive for e-2W is increased to Rs. 15,000/KWh from Rs. 10,000/KWh with growth in the cap from 20-40 percent of the cost of the vehicle to increase adoption of e-2W.
Additionally, the phase-II of FAME-India Scheme is extended for two years after 31st March 2022.