The Ministry of Heavy Industries (MoHI) on February 09, 2024, issued amendments in the Scheme for Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India Phase II).
The following amendments are made: -
In the notification dated March 28, 2019, in respect of the scheme: -
•In the case of e-3W and e-4W, the cost of the vehicle, referred to in clause 26 of the notification dated March 08, 2019, shall mean “ex-factory price” of vehicle i.e. “price of vehicle at factory gate before applicable taxes”.
•Further, notification issued vide reference no. F. No. 6(02)2019-NAB-II(Auto) (19155)] dated May 19, 2023, with regard to e-2w shall remain in force.
The detailed notification is given in the document attached below.
[Notification No. S.O. 584(E)]
