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| 1mNew Electric Mobility Scheme: Ather, Ola Get Govt Nod To Sell EVs
The Indian government has allowed several electric vehicle (EV) companies, including Ather Energy, Ola Electric Mobility, Hero MotoCorp, Bajaj Auto, TVS, and Kinetic Green to sell EVs and claim subsidies under the newly introduced Electric Mobility Promotion Scheme (EMPS), 2024. The scheme, launched by the Ministry of Heavy Industries, aims to support the adoption of 372,000 EVs in the next four months. The subsidies will be available for vehicles equipped with advanced batteries to encourage the use of advanced technologies. This scheme replaces the FAME-II scheme, which ended on March 31, 2024.
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