The minister said the government will address the auto industrys concerns regarding fuels and biofuel, however, adding that with changing times, it must adapt and embrace new technologies. The first phase of the scheme was initially proposed for two years till March 31, 2017 but was extended twice for six months up to March 31, 2018."The department of heavy industries has always supported the automotive industry. "It is the duty of the government to make policy which is executed by the industry.The heavy industry and public enterprises High pressure washers accessoires Manufacturers minister observed that the demand of changing times means we have to move towards electric mobility. We will definitely look into suggestions of having a clear, well defined short, mid and long term policy.However, strong hybrid vehicles, which were entitled to incentives in the ongoing pilot phase of the scheme, will not be able to avail sops in the second phase."Fame I will come to an end by September 30 and the Prime Minister will announce FAME II on September 7," Geete said. It will also envisage setting up massive charging infrastructure to support electric vehicles, senior officials said. With an aim to promote ecofriendly vehicles, the government had launched the FAME India scheme in 2015.

　　"In future we have to move towards it and we must accept the challenges of the future requirements," Geete said. Addressing the inaugural session of the Automotive Component Manufacturers Association here, Geete said the Heavy Industry Ministry was framing a comprehensive auto policy after consultation with all the stakeholders. The ongoing pilot phase of the scheme was earlier extended till September this year or until its second phase is approved.Last week, PTI had reported citing official sources that the prime minister would launch FAME II offering incentives for mass adoption of electric vehicles with an outlay of Rs 5,500 crore on September 7. So we should not make a policy which cannot be executed by the industry," Geete said.In February, the government had sought stakeholders comments on the draft National Auto Policy, which seeks to promote clean and safe mobility and adopt a long-term road map to harmonise emission standards with global benchmarks by 2028.

　　"Also, bring down selling price by 8-10 per cent from where we are. Goenka said for EV segment to expand in the country, there is a need to create a virtuous cycle with one thing leading to another.The scheme was introduced in a bid to incentivise sales and manufacturing of electric vehicles in the country. Goenka said he expects electric vehicles to account for 30 per cent of the overall auto market in the country by 2030.Union minister Nitin Gadkari earlier in the day had envisaged EVs to account for 12 per cent of the market in the next five years. That should be the first milestone, 25,000 vehicles a year in 2020, then by 2023-24 we should be reaching around 20,000 a month. Elaborating further, he added that battery cost is coming down and in the last two years it has already come down by 20-25 per cent. The second phase of the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME) scheme is expected to be kicked off on Friday..5 years that will happen," Goenka added."For commercial viability of eIectric vehicles, I think we will need FAME scheme for the next 3-4 years," Goenka said. I think we would not require FAME and that according to my estimates will take four years. Under Phase II of the initiative, the government has earmarked a budget of Rs 5,500 crore to be used over the next five years and will be used to provide subsidies to all types of electric vehicles.