UPDATE: On 7 March, the government officially announced a 15% import subsidy on lithium. The Ken had earlier reported a 5% subsidy rate, as told to us by a senior official in the know of FAME-II policy discussions.

2019 will be the year of the perfect electric storm.

This is the year that India might finally get the chance, in earnest, to ride on the path to electric mobility. After almost a year of policy negotiations between the Prime Minister’s Office and the Department of Heavy Industry (DHI), the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles scheme, or FAME-II, was passed last week.

AUTHOR

Olina Banerji

Based in Delhi, Olina writes about mega-trends in urban mobility, education, skilling and the environment, with a focus on how institutions and innovations can help cities grow sustainably. She is a graduate of the London School of Economics, and has worked previously with India Today and global non-profit Ashoka.

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