![](https://www.newsexperts.in/wp-content/uploads/2021/01/fame.jpg)
![](https://www.newsexperts.in/wp-content/uploads/2021/01/fame.jpg)
NEW DELHI:
While the E2W industry has been able to weather the Covid pandemic by sales of high speed electric two wheelers in the Jan to Dec 2020 period clocking 25,735 as against 27,224 units sold in the previous calendar year, the ambitious target of generating a sale of 1 million under FAME 2 is nowhere in sight.
FAME 2 was launched in April 2019 and with a plan to put at least 1 million high-speed electric two-wheelers on the road by March 2022. The actual cumulative sale since Jan 2019 has been 52,959, however sale under the scheme has remained only 31813 units.
Commenting on the Industry sales figures, Sohinder Gill, Director General, Society of Manufacturers of Electric Vehicles (SMEV), said, “The FAME 2 scheme had some good points and laudable objectives but came with so many strings attached, most of them introduced prematurely or unnecessarily, that lead to the achievement of only 4% of the stated targets. The scheme could not attract the customers to shift from the polluting petrol bikes to electric two-wheelers, mainly because the preconditions and qualification criteria of FAME 2 made the bikes unaffordable to the mass market customer despite the subsidy. Despite the setback, the E2W industry is seeing a positive sentiment and a very high level of interest from the customers and if FAME 2 is rejigged to remove the needless handicaps, the adoption can grow exponentially in a short time, that could not only help achieve the stated objective, it can also catalyse major investments into “Made in India” products and locally sourced components. Hence, we urge the government to come up with corrective measures that would help the industry to achieve the envisaged target of 10 lakhs electric two-wheeler.”
“We have lately seen many positive steps by the central and state government such as the announcement to support battery manufacturing in the country with an outlay of Rs 18,000 crores and allowing the selling of E2W without battery, entry of established players in the market, increase in citizens’ interest in green vehicles, start-ups foraying into the industry with innovative solutions like financing, last-mile delivery, charging etc. and lastly, the government continued support to the aligned industry, perhaps the only vital missing link is a robust, customer-friendly FAME 2 policy,” added Gill.
more recommended stories
EVOK Plans to Set up 100 Fast Charging Stations Across the StateKOCHI:Electric Vehicles Owners Kerala (EVOK), an.
Mahindra Launches Mileage Guarantee for its Entire Range of BS6 OBD II TrucksPUNE:Mahindra’s Truck and Bus Division (MTBD).
Mahindra Tractors Honours Indian Farmers with ‘Desh ka Tractor’MUMBAI:Celebrating 60- years of the Mahindra.
Mahindra Introduces New Features in Scorpio-N Z8 RangeKOCHI:Mahindra & Mahindra Ltd., India’s leading.
Volkswagen India Announces the Start of Autofest, Mega Exchange Carnival 2024MUMBAI:Volkswagen Passenger Cars India announced the.
Toyota Kirloskar Motor Celebrates the Winning of the CII GreenCo Gold Rating AwardKOCHI:Toyota Kirloskar Motor (TKM) is proud.
Honda Cars India Registers 5,313 Units Sales In April 2023NEW DELHI:Honda Cars India Ltd. (HCIL),.
Renault India Launches Enhanced Range Of KigerNEW DELHI:Renault, the leading European brand.
Toyota Kirloskar Motor Announces Prices Of Top Grades Of The New Innova CrystaKOCHI:Toyota Kirloskar Motor (TKM) today announced.
Honda Announces Name Of Its Upcoming All New SUV As “Honda Elevate”NEW DELHI:Honda Cars India Ltd. (HCIL),.