By Kamlesh Mallick with inputs from Industry |
The FAME 2 (Faster Adoption and Manufacturing of Electric Vehicles in India) salient features were announced this month. The general direction of FAME 2 is positive in terms of demand side incentives for two wheelers, public transport and fleets.
While the EV community is aghast, that private electric cars are excluded from the scheme, there were more important questions regarding battery manufacturing that needed answering and even those have been answered.
In this blog, we talk about the FAME 2 scheme and also look at mandates for local battery pack, components and cell manufacturing in India.
While the EV community is aghast, that private electric cars are excluded from the scheme, there were more important questions regarding battery manufacturing that needed answering and even those have been answered.
In this blog, we talk about the FAME 2 scheme and also look at mandates for local battery pack, components and cell manufacturing in India.