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FAME India Phase 2 — EV Subsidy

FAME India Phase 2 — EV Subsidy: ₹10,000-₹1.5 Lakh Subsidy on Electric 2/3/4 Wheelers

2026 ✓FinanceUpfront purchase subsidy on EVs: ₹10,000-50,000 on e-2 wheelers + ₹50,000 on e-3 wheelers + ₹1.5 lakh on electric cars (pilot) + ₹20-54 lakh on electric buses + Charging infrastructure developmentLaunched: 2019Updated: May 2026
2 min read
Reviewed by Riya Sharma, Editor · Last verified: 27 May 2026
Written & fact-checked by Riya Sharma · Editor, Schemes In India
Last verified: · How we verify scheme facts

What is FAME India Phase 2 — EV Subsidy?

FAME India (Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles) Phase 2 is the central government's flagship EV adoption programme, implemented by the Ministry of Heavy Industries with ₹10,000 crore budget (2019-2024, further extended). FAME II provides upfront purchase subsidies on electric vehicles to lower their sticker price. Subsidy rates: Electric 2-wheelers: ₹10,000-15,000 per vehicle (₹10,000/kWh battery capacity, max ₹50,000 per vehicle, capped at 15% of ex-factory price); Electric 3-wheelers/e-rickshaws: Up to ₹50,000; Electric 4-wheelers (private cars): Pilot subsidy for BEV cars (e.g., Tata Nexon EV got ₹1.5 lakh subsidy under initial phase); Electric buses: ₹20-54 lakh per bus (state transport undertakings). Over 14 lakh electric 2-wheelers and 9,000+ electric buses were supported under FAME II. FAME II was succeeded by PM E-DRIVE scheme (2024) and PM e-Bus Sewa — check those for current subsidies.

FAME India Phase 2 — EV Subsidy — Quick Overview

Scheme NameFAME India Phase 2 — EV Subsidy: ₹10,000-₹1.5 Lakh Subsidy on Electric 2/3/4 Wheelers
Launched ByGovernment of India
Launch Year2019
BenefitUpfront purchase subsidy on EVs: ₹10,000-50,000 on e-2 wheelers + ₹50,000 on e-3 wheelers + ₹1.5 lakh on electric cars (pilot) + ₹20-54 lakh on electric buses + Charging infrastructure development
CategoryFinance
Last Verified27 May 2026
Official Portalhttps://fame.heavyindustries.gov.in

Benefits of FAME India Phase 2 — EV Subsidy

Upfront purchase subsidy on EVs: ₹10,000-50,000 on e-2 wheelers + ₹50,000 on e-3 wheelers + ₹1.5 lakh on electric cars (pilot) + ₹20-54 lakh on electric buses + Charging infrastructure development

Who is Eligible for FAME India Phase 2 — EV Subsidy?

  • Any Indian buyer purchasing a FAME II-registered electric vehicle model from an OEM listed on FAME portal
  • Subsidy is auto-deducted at point of sale by the OEM — no separate application by buyer
  • For e-buses: State/city transport undertakings (STUs) apply directly to MHI
  • Electric 2-wheelers: Must have Type Approval from ARAI/iCAT + battery density ≥ 50Wh/kg
  • FAME II phase ended March 2024 — PM E-DRIVE (₹10,900 crore) now covers e-2 wheelers and e-buses (2024-26)

Documents Required for FAME India Phase 2 — EV Subsidy

0/1 documents ready

How to Apply for FAME India Phase 2 — EV Subsidy Online?

  1. 1Visit any authorized dealer of FAME/PM E-DRIVE empanelled EV brands (Ola, Ather, Hero Electric, TVS iQube, Bajaj Chetak, Tata Motors, etc.)
  2. 2Purchase eligible EV model — subsidy is automatically deducted from invoice price
  3. 3OEM dealer claims reimbursement from MHI/DPIIT directly — no action needed from buyer
  4. 4State subsidies: Many states offer ADDITIONAL EV subsidies (check state EV policy) — Delhi, Maharashtra, Karnataka, Gujarat, Rajasthan all have state EV incentives
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Official Government Portal

fame.heavyindustries.gov.in is the only authorised application channel, and the government charges nothing there — never pay anyone to apply on your behalf.

🔗Apply on fame.heavyindustries.gov.in
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Frequently Asked Questions — FAME India Phase 2 — EV Subsidy

FAME II (2019-2024) was formally concluded after its extended deadline in 2024. It has been SUCCEEDED by: (1) PM E-DRIVE scheme (₹10,900 crore, 2024-26) for electric 2-wheelers and buses — check pm-e-drive-ev-subsidy-scheme; (2) PM e-Bus Sewa (₹57,613 crore) for 10,000 electric buses. If you are buying an EV in 2025-26, check the PM E-DRIVE page for current subsidy rates. Many models previously under FAME II are now covered under PM E-DRIVE.
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