FAME-II Subsidy Guide for E-Rickshaw Buyers
By Trikaal Policy Desk
· 15 Feb 2026
· 2 min read
FAME-II (Faster Adoption and Manufacturing of Electric Vehicles) is the biggest push behind India EV growth.
ELIGIBLE VEHICLES
- L5M and L5N 3-wheelers (passenger and cargo)
- Battery must be Li-ion (LFP or NMC)
- Range: 80 km per charge or more
- 50% parts must be Made in India
SUBSIDY AMOUNT
Rs 10,000 per kWh of battery, capped at 20% of vehicle cost.
STATE BONUS
Maharashtra, Delhi, Gujarat and Kerala give extra help. Maharashtra EV Policy 2025 adds Rs 30,000 for early buyers.
HOW TO GET IT
The dealer gives you the discount at invoice. Dealer sends papers to PMA (Project Management Agency).

