How does Tata Curvv EV qualify for FAME-II subsidies in India?

2 answer(s)
Answer # 1 #

The Tata Curvv EV should qualify for FAME-II subsidies provided it meets the scheme's criteria:- Price cap: Under ₹15 lakh ex-showroom (this could be challenging for Curvv)- Localization: Minimum 50% local content by value- Battery warranty: At least 5 years warranty- Minimum range: 80 km per charge (easily met)The potential issue is the price point - if the Curvv launches above ₹20 lakh as expected, it won't qualify for FAME-II incentives. However, it might still qualify for state-level EV incentives which often have higher price caps. Tata might launch a lower-spec variant specifically to qualify, similar to what other manufacturers have done.

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Answer # 2 #

This is a bit complicated. The Curvv EV's FAME-II eligibility depends entirely on its launch price. If Tata can price the base variant under ₹15 lakh ex-showroom, it would qualify for ₹1.5-2 lakh subsidy (including state incentives). However, given its premium positioning and large battery, this seems challenging.More likely scenario:- Base variant might barely qualify if priced strategically- Higher variants won't qualify but might offer more features- State incentives may still apply regardless of FAME-IIThe FAME-II scheme has been extended to March 2025, so early Curvv buyers should benefit if priced right. Check the heavy industries ministry website for latest updates on eligibility criteria.

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