PM E-DRIVE is a scheme launched by the Ministry of Heavy Industry, Govt. of India, to promote electric vehicles and charging stations. It offers demand incentives, grants and subsidies for e-2W, e-3W, e-buses, e-trucks and other new emerging EV categories. The ‘PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme' has been notified on 29.09.2024 by Ministry of Heavy Industries (MHI) to provide impetus to the green mobility & development of EV manufacturing eco-system in the country. The scheme has an outlay of ₹10,900 crore over a period of two years from 01.04.2024 to 31.03.2026. The Electric Mobility Promotion Scheme (EMPS) 2024 implemented for the period of six months from 01.04.2024 to 30.09.2024, is ... The Government of India has launched PM E-DRIVE scheme to promote green mobility and EV eco-system with ₹10,900 crore outlay. The scheme offers demand incentives, grants for charging infrastructure and capital assets, and E-vouchers for EV buyers. About the Scheme The Ministry of Heavy Industry, Govt. of India, with the approval of Union Cabinet, Chaired by Hon’ble Prime Minister Shri Narendra Modi has launched scheme titled ‘ PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme vide Gazette notification S.O. 4259 (E) on September 29, 2024. The scheme will be implemented from 1st October, 2024 till 31st March, 2026. Further, EMPS-2024, the number of vehicles and the expenditure under EMPS-2024 for e ...
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