Learn how to avail FAME 2 subsidy in India, covering eligibility, benefits, subsidy amount, and the complete process to claim incentives for electric vehicles. Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India ( FAME India) Scheme Phase-II was implemented for a period of five years from 1st April, 2019 with a total budgetary support of Rs. 11,500 crore. The scheme-incentivized e-2Ws, e-3Ws, e-4Ws, e-buses and EV public charging stations. Under FAME India Scheme Phase-II, as on 31.12.2024, the following number of electric vehicles (EV) have been supported : - Note (") W.e.from 11th June, 21 incentive for electric two wheelers is increased to Rs 15000/KWh from Rs 10,000/KWh with a cap of 40% cost of vehicles. What Is the FAME II Subsidy ? FAME stands for Faster Adoption and Manufacturing of Electric Vehicles in India. Launched in 2019, the FAME II scheme was designed to make electric vehicles more accessible and affordable by offering subsidies based on battery capacity and vehicle type. What Has Changed in 2025? The FAME II subsidy update for 2025 brings lower incentive amounts, new eligibility criteria, and a revised disbursement model. Key Changes at a Glance
