FAME II scheme helps put EV transportation on a par with ICE vehicles

The incentive scheme helps put green transportation on a par with ICE vehicles

The subsidies extended under the second edition of the Faster Adoption and Manufacturing of Electric vehicles (FAME II) scheme can be described as fiscal steroids on wheels for an undernourished electric vehicle (EV) industry.
 

As EV consumers Zypp Electric Co-founder Akash Gupta and software veteran S Shankar share a passion for a cleaner environment. Gupta plans to add thousands of electric two-wheelers (E2Ws) to manage deliveries for clients; Shankar and his son plan to change their Internal Combustion Engine (ICE) car and two-wheelers (2Ws) to all-electric.
 

Underpinning Gupta and Shankar’s purchase decisions are Prime Minister Narendra Modi’s Rs 10,000-crore largesse,