With reference to the electric vehicles consider following statements Faster Adoption and Manufactur...........

Geography Transport

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With reference to the electric vehicles, consider following statements

Faster Adoption and Manufacturing of Hybrid and Electric Vehicles in India, FAME scheme was initiated in 2015.
The scheme was formulated to promote the manufacturing of electric and hybrid vehicle technology under the National Electric Mobility Mission Plan 2020.

Select the correct statement.

1 only

2 only

Both

None

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Explanation:

Heavy Industries Minister informed Rajya Sabha that the Government has set an ambitious target to achieve sales of around 70 lakh hybrid and electric vehicles by the end of this year. Faster Adoption and Manufacturing of Hybrid and Electric Vehicles in India, FAME scheme was initiated in 2015. The scheme was formulated to promote the manufacturing of electric and hybrid vehicle technology under the National Electric Mobility Mission Plan 2020. In the 2nd phase of the scheme, it is aimed to support through demand incentives about seven thousand E-buses, 5 lakh E-3 wheelers, 55 thousand E-4 wheelers passenger cars and 10 lakh E-2 wheelers.