The government has made revisions to the Faster Adoption and Manufacturing of Electric Vehicles (FAME) in India Phase II scheme that will lower prices of electric two-wheelers. It has hiked the subsidy rate for electric two-wheelers to ₹15,000 per kWh, from ₹10,000 earlier. The government also raised the cap on incentives to 40% of the vehicle cost, from 20% earlier.