INDIA, FAME II POLICY: OVERVIEW​

The National Automotive Board (heavyindustries.gov.in) has developed a funding scheme for e-buses and other electric commercial vehicles. ​This scheme is implemented via subsidies provided directly to cities by the government. ​In addition to subsidies, various state-level and city-level subsidies and tax exemptions exist to make electric vehicles (EVs) cost effective. ​We will assess the economic viability of EVs, considering social, economic, and environmental indicators, to assess value for money for public support.​