What India Needs to Do in Quest to Reduce Fossil Fuel Dependency
In its latest petition to a parliamentary standing committee, the Society of Manufacturing of Electric Vehicles said India needed the FAME III policy, tweaking a few rules and extending the subsidy scheme by another few years to see the EV (electric vehicle) revolution in the country.FAME, short for faster adoption and manufacturing of hybrid and electric vehicles, is a central government incentive scheme aimed at encouraging the adoption of electric and hybrid vehicles. The document by SMEV highlighted that FAME I and II…