Why in News? 

Over 16.15 Lakh Electric Vehicles Incentivized Under FAME-II Scheme, Driving Sustainable Mobility in India. 

 What is the FAME India Scheme? 

Background 

• The Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) India Scheme is part of the National Electric Mobility Mission Plan.  
• Its primary goal is to encourage the adoption of electric and hybrid vehicles by providing incentives on their purchase and developing the required infrastructure. 

Phase I (2015-2019) 

• The first phase of the FAME scheme had a budget of ₹895 crore.  
• It focused on four areas: technology development, demand creation, pilot projects, and charging infrastructure.  
• During this phase, approximately 2.78 lakh electric vehicles were incentivized, and 465 electric buses were sanctioned to various cities and states. 

Phase II (2019-2024) 

• The second phase, with a budget of ₹10,000 crore, focuses on electrifying public and shared transportation.  
• It supports e-buses, e-3 wheelers, e-4 wheeler passenger cars, and e-2 wheelers through demand incentives.  
• Additionally, it emphasizes creating a robust charging infrastructure across the country to support EV adoption. 

Significance of the FAME India Scheme 

• The FAME India Scheme plays a vital role in promoting sustainable mobility in India.  
• It reduces environmental pollution, supports local manufacturing of EVs and their components, and helps transition from fossil fuel-based transportation to cleaner alternatives.  
• By focusing on electric mobility, the scheme also aligns with India’s broader climate goals and energy security objectives.