India's FAME 2 scheme was launched in 2019. It has aimed to ignite a revolution in electric mobility. This scheme is introduced to increase the faster adaption of EVs and reduce the carbon footprint for a sustainable future. Moreover, FAME 2 estimated approximately 80% of 2-wheelers and 30% of private cars are targeted to be electrified before 2023.
FAME 2 has contributed to electric vehicle (EV) growth. The scheme's demand-side incentives, particularly the increased subsidy for two-wheelers, made EVs more affordable.
The following data represents the impact of FAME 2:
FAME 2's journey reflects the complexity of policy, technology, and infrastructure in driving EV adoption. By learning from its successes and addressing its flaws, India can ensure that its green mobility dreams.
Following are how FAME 2 is helping people towards electric mobility:
This scheme is a revolutionary effort but there are still some challenges in this. However, careful planning and continued efforts can ensure the journey towards a greener future.
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