new Note 1 : “Incentive under the FAME II Scheme will be valid for the vehicles sold & registered till March 31, 2024”. new Note 2 : Demand Incentive for e-3W and e-4W registered w.e.f. 9th February 2024. The cost of vehicle, referred to in clause 26 of the notification dated 8th March, 2019 shall mean “ex-factory price” of vehicle i.e. “price of vehicle at factory gate before applicable taxes”. new Note 3 : Scheme outlay of FAME India Scheme Phase II enhanced from ₹10,000 crore to ₹11,500 crore. Further, it is hereby informed that the scheme is fund and term limited scheme i.e. the subsidies for demand incentive will be eligible for e-2w, e-3w and e-4w sold till March 31, 2024 or till the time funds are available, whichever is earlier. new Note 4 : All the Registered OEMs Under FAME INDIA II Scheme are advised to get their vehicle Models Certified as per AIS 156 under CMVR as amended from time to time, in order to be eligible to Claim Subsidy under FAME INDIA II Scheme.

Q 1. Is the FAME incentive applicable throughout the country?

Yes, FAME incentive is applicable throughout the country.

Q 2. How do citizen avail the demand incentive on the purchase of a xEV?

The demand incentive benefit will be passed on to the consumer upfront at the time of purchase of the xEV itself by way of paying reduced price.

Q 3. Is the FAME incentive available to corporate and other organizations or only to individuals?

Is the FAME incentive applicable for multiple xEV purchases by a customer? Or is it possible to get subsidy for bulk orders on a single person’s name or on single company’s names. However, some conditions which will disclosed after the govt policies.