FAME-II – Maxabout News https://news.maxabout.com Latest Car & Bike News in India Fri, 20 Mar 2020 09:04:49 +0000 en-US hourly 1 https://wordpress.org/?v=4.8.9 https://news.maxabout.com/wp-content/uploads/2017/09/cropped-Maxabout-News-Favi-Icon-2017-32x32.png FAME-II – Maxabout News https://news.maxabout.com 32 32 Indian Government Sanctions 5,595 Electric Buses Under Fame-II https://news.maxabout.com/offbeat/electric-buses-fame-ii/ https://news.maxabout.com/offbeat/electric-buses-fame-ii/#respond Sun, 18 Aug 2019 08:33:46 +0000 https://news.maxabout.com/?p=517912 In order to abide by the purpose of the second phase of the FAME scheme, the government of India has sanctioned a total of 5,595 electric buses that will be running in the 64 cities of the country as public vehicles for carrying out intercity and intracity operations. For boosting clean mobility the Ministry of […]

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In order to abide by the purpose of the second phase of the FAME scheme, the government of India has sanctioned a total of 5,595 electric buses that will be running in the 64 cities of the country as public vehicles for carrying out intercity and intracity operations.

For boosting clean mobility the Ministry of Heavy Industry (MoHI) and the Public Enterprise had invited an Expression of Interest (EoI) for the submission of the proposal for distributing electric buses at an operational cost basis. As per EoI, buses which satisfy required localization level and technical eligibility notified under FAME India scheme phase II will be eligible for funding under FAME India scheme phase II.

In this process, the Department of Heavy Industry received around 86 proposals from all the states and UTs of the country for the deployment of 14,988 electric buses. After analysing these proposals and on the advice of Project Implementation and Sanctioning Committee (PISC) the government has assigned about 5,095 electric buses for intracity purpose, 400 buses for intercity operation and also 100 buses for last-mile connectivity to the DMRC (Delhi Metro Rail Corporation). The above details were officially released by the Ministry.

The buses will be manufactured under the joint venture of the Indian automaker JBM and the Polish brand, Solaris Bus and Coach. The companies will be investing a total of INR 300 crore in the coming 2 to 3 years. In the further process, all the selected cities or STUs (State Transport Undertaking) require to participate in the initiation of the procurement process in a time-bound manner for the purpose of the deployment of the electric buses that will be then availed at an operational cost basis.

The buses are expected to run 4 billion kilometres during contracts which will further save 1.2 billion litres of fuel cutting down around 2.6 million tonnes of CO2 emissions.

Source

Hero MotoCorp Cannot Sell Electric Vehicles
Hero MotoCorp Cannot Sell Electric Vehicles Under Hero Brand Name

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Ather 450 Gets Minor Price Drop after Getting FAME-II Approval https://news.maxabout.com/bikes/ather-450-price-drop-fame-ii-approval/ https://news.maxabout.com/bikes/ather-450-price-drop-fame-ii-approval/#respond Fri, 10 May 2019 05:33:15 +0000 https://news.maxabout.com/?p=503869 Ather Energy recently announced that its 450 electric scooter model has received FAME II approval. For those who are not aware of FAME II, it is the new criteria of the Indian government under which electric vehicles sold in India will be able to avail subsidies. Electric two-wheelers, e-rickshaws, e-three wheelers, all-electric passenger vehicles, and […]

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Ather Energy recently announced that its 450 electric scooter model has received FAME II approval. For those who are not aware of FAME II, it is the new criteria of the Indian government under which electric vehicles sold in India will be able to avail subsidies. Electric two-wheelers, e-rickshaws, e-three wheelers, all-electric passenger vehicles, and other electric-four wheelers, will get EV subsidies but they need to meet certain standard requirements.

Ather Energy has officially announced that their flagship intelligent scooter Ather 450 is FAME 2 compliant and will receive an increased subsidy of Rs. 27,000. Though orders for the scooter have continued in Bengaluru through the month of April, deliveries had been held off by them so the new subsidy benefit could be passed on to the owners.

Consumers can expect their Ather 450s to start being delivered in the next couple of weeks, with the new on road price of Rs. 1,23,230. Ather Energy claims to be one of the first auto companies in India to design and build its scooters and charging infrastructure locally. Ather also said that the 450 and Ather Grid will be available in Chennai from the next month and will be followed by more cities in the coming year. Ather Energy plans to install 6500 charging points across the country which will be operational in 30 cities by 2023.

Earlier the subsidy amount was INR 22,000 under the FAME-I scheme but as it has gone up by INR 5000 after getting the FAME-II approval, it will now result in the on-road price in Bengaluru to go down by INR 5000 that is from INR 1.28 lakhs to INR 1.23 lakhs. The company’s second electric scooter, the 340, was not applied for this certification because most of the sales come from the 450.

Company has also moved its majority of focus on the Ather 450 due to its higher demand. Both scooters look identical to each other but the 450 packs a 5.4kW motor which is good for a top speed of 80 kmph. Its range is claimed to be 75 km and the scooter comes mounted with a 2.71 kWh Li-ion battery. The company has also announced its plans to expand operations to Chennai in June 2019.

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