FAME investigation paves way for indigenous EVs, fair competition: OEMs

Disbursement of halted claims will help drive sales in the festive season

Electric two-wheeler
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Nitin Kumar New Delhi
Leading electric vehicle (EV) manufacturers are hopeful that the crackdown on companies by the Ministry of Heavy Industries for violating the Phased Manufacturing Programme (PMP) guidelines under the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME II) scheme will help further the indigenisation of the industry and lead to widespread adoption of EVs in the country.

A majority of automotive (auto) manufacturers say that the clampdown on original equipment manufacturers (OEMs) selling Chinese products by mis-labelling them as Indian has created a level playing field for indigenous players.

OEMs with deep pockets were gaming the system by cataloguing their Chinese imports as home-grown to take advantage of government incentives meant for locally manufactured EVs.

First Published: Jul 23 2023 | 2:24 PM IST

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