Dr. Pawan Goenka – MD – Mahindra & Mahindra Ltd. provided a statement on the Union Cabinet’s decision to clear a Rs 10,000-crore programme under the FAME-II scheme for promotion of electric and hybrid vehicles.
We applaud the approval of FAME II scheme by the Union Cabinet. The new outlay of Rs 10,000 crore over a period of three years provides a stable policy to promote green mobility in India. It addresses the key issues including National Energy Security, Mitigation of the adverse impact of vehicles on the environment and Growth of domestic technology and manufacturing capabilities. The revised FAME II removes all the uncertainty and will put Electric Vehicles in the fast lane. Mahindra supports the Central Government’s focus to boost EVs in public transportation and now requests local authorities to help facilitate plying of electric vehicles on Indian roads.
Government support with the FAME II scheme is holistic and includes focus on charging Infrastructure with a clear emphasis on “Make in India”. We feel that it is now the responsibility of suppliers, OEMs and mobility service providers to invest in EVs and make India’s EV dream become a reality
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