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Auto makers to focus on EVs once economy revives post coronavirus
electric mobility as it looks to transform India's energy landscape to keep with its climate change commitments.In 2019, the Indian government earmarked ₹10,000 crore to encourage development, manufacturing and usage of electric vehicles though the Faster Adoptions and Manufacturing of Electric Vehicles (FAME) scheme.As part of the scheme, the Centre has decided to incentivise purchase of 7,090 electric buses with an outlay of ₹3,545 crore, 20,000 hybrids at a cost ₹26 crore, 35,000 four-wheelers with a ₹525 crore investment and 500,000 three-wheelers at ₹2,500 crore.“While the large auto manufacturers the reeling under the pressure of upgrading to the BS 6 norms, this gives a lot of opportunities to companies who manufacturers only