Union Minister HD Kumaraswamy announced that the FAME-III electric vehicle (EV) subsidy scheme will be rolled out within the next couple of months.
The new scheme aims to build on the lessons learned from the previous FAME-I and FAME-II initiatives. Kumaraswamy highlighted that while there are still some challenges to address, the upcoming rollout promises improvements based on past experiences. The FAME-III scheme is expected to enhance support for EV adoption and address previous shortcomings in the subsidy programs.