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Date: 09-Feb-2024 Category: Extra Ordinary State: Union Government Country: India

Publication of notification regarding partial modification of FAME Phase 2 Scheme in Gazette of India

Issued by Ministry of Heavy Industries · Not Applicable

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Executive Summary & Key Takeaways

What it means

  • This notification pertains to amendments within the Scheme for Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India Phase II).

Key Changes

  • For electric three-wheelers (e-3W) and electric four-wheelers (e-4W), the vehicle cost as referenced in the notification dated March 8, 2019, now refers to the 'ex-factory price'. This is defined as the price of the vehicle at the factory gate before the application of taxes.
  • The notification issued on May 19, 2023, under reference number F. No. 6(02)2019-NAB-II(Auto) (19155), concerning electric two-wheelers (e-2W), remains in effect.

Impact Analysis

Manufacturers of e-3W and e-4W

  • Action Item: Manufacturers need to adjust their pricing strategies and subsidy claims to reflect the new definition of vehicle cost. They should also communicate this change to their dealer networks.

Consumers of e-3W and e-4W

  • Action Item: Consumers should be made aware of the change in subsidy calculation and its potential impact on the final vehicle price. They should also verify the ex-factory price and applicable subsidies with the dealer before making a purchase.

Government (Ministry of Heavy Industries)

  • Action Item: The Ministry should ensure effective communication of these changes to all stakeholders and monitor the impact of the amendment on the adoption of e-3W and e-4W vehicles.

Manufacturers of e-2W

  • Action Item: Manufacturers should continue to adhere to the guidelines outlined in the notification issued on May 19, 2023.

Key Entities Referenced

Ministry of Heavy Industries: The government ministry responsible for issuing the notification and overseeing the FAME India Phase II scheme. FAME India Phase II: Scheme for Faster Adoption and Manufacturing of Electric Vehicles in India Phase II, aimed at promoting the adoption and manufacturing of electric vehicles in India. Notification dated 8th March, 2019: The original notification that established the guidelines for FAME India Phase II, which is now being partially modified. Notification No. F. No. 6(02)2019-NAB-II(Auto) (19155) dated 19/05/2023: The notification specifically addressing electric two-wheelers (e-2W), which remains in effect.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-09022024-251960 xxxGIDHxxx CG-DLxx-xEG-I0D9E0x2x2x0 24-251960 असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 554] नई दिल्ली, िुक्रवार, फरवरी 9, 2024/माघ 20, 1945 No. 554] NEW DELHI, FRIDAY, FEBRUARY 9, 2024/MAGHA 20, 1945 भारी उद्योग मत्रं ालय अजधसचू ना नई दिल्ली, 9 फ़रवरी, 2024 का.आ. 584(अ).—भारत म ें इलेजररक वाहनों का तीव्र अंगीकरण और जवजनमााण स्ट्कीम, चरण-II (फेम इंजडया चरण-II) के दििाजनिेिों के संबंध म ें भारी उद्योग मंत्रालय की दिनांक 28 माच,ा 2019 की अजधसूचना म ेंआंजिक आिोधन करत े हुए जनम्नजलजखत संिोधन दकया िाता ह:ै- 1. ई-जतपजहया और ई-चौपजहया वाहनों के मामल े म ें 8 माचा, 2019 की अजधसूचना के खंड-26 म ें संिर्भात वाहन लागत का अर् ावाहन का "एरस-फैररी कीमत" अर्ाात "अनुप्रयोज्य करों स े पूवा कारखाने म ेंवाहन की कीमत" होगी। 2. इसके अलावा, ई-िपु जहया वाहनों के संबंध म ें दिनांक 19/05/2023 के संिभा संख्या फा.सं. 6 (02) 2019- एनएबी-II (ऑटो) (19155)] द्वारा िारी अजधसूचना लाग ू रहगे ी। [फा. स.ं 6(02)2019-एनएबी-II(ऑटो) (19155)] डॉ. हनीफ़ कुरैिी, अपर सजचव 884 GI/2024 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] MINISTRY OF HEAVY INDUSTRIES NOTIFICATION New Delhi, the 9th February, 2024 S.O. 584(E).—In partial modification of the Ministry of Heavy Industries notification dated 28th March, 2019 in respect of Scheme for Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India Phase II) guidelines, the following amendment is made: - 1. In case of e-3W and e-4W, the cost of vehicle, referred to in clause 26 of the notification dated 8th March, 2019 shall mean “ex-factory price” of vehicle i.e. “price of vehicle at factory gate before applicable taxes”. 2. Further, notification issued vide reference no. F. No. 6(02)2019-NAB-II(Auto) (19155)] dated 19/05/2023 with regard to e-2w shall remain in force.” [F. No. 6(02)2019-NAB-II(Auto) (19155)] Dr. HANIF QURESHI, Addl. Secy. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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