Key Points
The new 500 crore scheme to promote electric mobility in India will come into force from today (April 1)..
The scheme will continue till the end of July as the second phase of FAME- Faster Adoption and Manufacturing of Electric Vehicles in India (FAME-II) programme- ends on March 31 which means that subsidies under the scheme will be eligible for e-vehicles sold till March 31...
The 500 crore Electric Mobility Promotion Scheme 2024 (EMPS 2024) scheme has been introduced by the Ministry of Heavy Industries..
What is the aim of the EMPS scheme 2024?Read more: Finance ministry's 6-point note on new tax regime: No new change coming in..
The aim of the scheme is to promote faster adoption of electric two-wheeler (e-2W) and three-wheeler (e-3W) and increase green mobility as well as development of EV manufacturing ecosystem in the country..
You might be interested in
Heavy Industries Ministry launches electric mobility promotion scheme to accelerate EV adoption
13, Mar, 24New Delhi [India], March 13 (ANI): The Ministry of Heavy Industries, Government of India, has introduced the Electric Mobility Promotion Scheme 2024 (EMPS 2024) with a total outlay of Rs 500 crore allocated for a period of four months, from April 1 to July 31, in a significant move to bolster the adoption of electric […]