The report provides recommendations for the government and manufacturers to increase consumer confidence in EVs.
FAME II
India’s EV transition is more resolute in the three-wheeler industry
By 2025, ICRA says, the electric two-wheelers will account for 8-10% of the total 2W sales will be EVs, whereas over 30% of the 3Ws sold will be battery-powered.
Ather Energy opens its first experience center in Indore
Opens new retail outlet – Ather Space, at A B Road, in association with Kasliwal Group.
Ather Energy begins retail operations in Kozhikode
Crux Mobility and Ather Energy inaugurated the new experience centre at West Nadakkave, Vellayil, Kozhikode.
Ather Energy opens its 2nd Experience Center in Bengaluru
BIA Ventures and Ather Energy open a new experience center at JP Nagar in Bengaluru.
Ampere electric scooters become more affordable with FAME II revised subsidy
The company announces the price reduction of up to Rs 9000.
High-speed growth
Jeetender Sharma, MD & Founder of Okinawa Autotech, is driving India’s electric two-wheeler market.
Society of Manufacturers of Electric Vehicles calls for rejig of FAME II or reintroduction of FAME I
The Rs 10,000-crore FAME-II scheme came into effect from April 1, 2019
JBM Group at Auto Expo – Launches ECO-LIFE e9 and e12 Electric Buses
ECO-LIFE had been completely localized to meet the FAME-II guidelines
Pinnacle Industries forays into EV batteries
Partners with Phylion Battery Company for the launch of its integrated Lithium Ion battery assembly facility in Maharashtra