Road permit exemption for such eco-friendly vehicles is likely to be implemented within three months, says source
EVs imported for testing will also be exempted from duties, says minister Gadkari
The much-awaited launch of FAME II is being rolled out today (September 7), with an outlay of $776.5 Mn (INR 5,500 Cr).
According to Gadkari, all states have given their support to Centre’s move to end permits for such vehicles. He was speaking on the sidelines of the annual convention of Society of Indian Automobile Manufacturers (SIAM)
Prime Minister Narendra Modi is said to unveil the FAME II scheme at the inaugural session of the ‘MOVE’ — a global mobility summit to be organised here on 7-8 September – in the presence of several global CEOs from the automotive sector.