Private electric four-wheelers left out of FAME II #Disappointing (11/31)

Under the Rs 10,000-crore Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles (FAME) II scheme announced last week, subsidies will be given to only to three-wheeler and four-wheeler used for public transport or registered for commercial purposes.

There would not be any subsidy for new private electric cars, as speculated earlier.

However, in the case of two-wheeler, the private vehicles would gain.

Paucity of funds with the government could be cited as one of the reasons for the exclusion of private electric four-wheeler.