TL;DR
The FAME-III subsidy scheme for electric vehicles, vital for continued EV growth, is expected to be announced after the general elections.
The much-anticipated FAME-III (Faster Adoption and Manufacturing of Electric Vehicles) scheme is reportedly slated for rollout after India's general elections. This policy is crucial for sustaining the growth momentum of electric two-wheelers and three-wheelers by providing necessary subsidies and incentives. Industry stakeholders are keenly awaiting its details to plan future investments and production strategies.
