EV sales drop; FAME II subsidies need to be reworked

https://auto.economictimes.indiatimes.com/news/two-wheelers/scooters-mopeds/electric-2-wheeler-makers-learning-to-survive-without-subsidy-fame-ii-not-worked-smev/73106482As per SMEV data, sales of FAME II qualified electric two-wheelers in April-December 2019 period stood at just 3,000 units as against 48,671 units in the year-ago period when FAME I was in place, a decline of 93.84 per cent.

The government needs to rework on FAME II, especially eligibility criteria based on range and battery power while also relaxing localisation level, which will be 75 per cent from March this year, up from 50 per cent since March 1, 2019.

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