FAME III to be announced soon, Electric Mobility Promotion Scheme 2024 to be extended: HD Kumaraswamy

The Electric Mobility Promotion Scheme 2024, offering incentives for electric two-wheelers and three-wheelers, will be extended until the FAME III scheme is finalized. Union Minister HD Kumaraswamy assured that the extension will last one or two months. The government aims to address issues from FAME II and support India's leadership in mobility technology.