PM E-DRIVE SCHEME
PM E-DRIVE SCHEME
IN NEWS –
Ministry of Heavy Industries launched the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme.
AIM
• To accelerate Electric Vehicles adoption and establishment of essential charging infrastructure across the country, promoting cleaner and more sustainable transportation.
• Major Component:
• Subsidies/Demand Incentives for e-2Ws, e-3Ws, e-ambulances, e-trucks and other emerging EVs.
• E-Voucher for EV buyers to avail demand incentives.
• Promote Deployment of E-Ambulances, E-Buses and E-Trucks.
• EV Public Charging Stations in selected cities with high EV penetration.
• Test Agency Modernization.
Financial Outlay: ₹10,0 crore over a period of two years.