Govt revises PM E-DRIVE scheme

Govt revises PM E-DRIVE scheme

NEW DELHI [Maha Media]: The government has revised the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme to set new deadlines and unit caps for e-scooters and e-rickshaws.

The Centre has revised the guidelines under the Rs 10,900 crore PM E-DRIVE scheme, whereby electric two-wheelers registered till July 31, 2026 and electric three-wheelers (e-rickshaws and e-carts) registered till March 31, 2028, shall be eligible for incentives.

The maximum ex-factory price to avail an incentive is capped at Rs 1.5 lakh for electric two-wheelers and Rs 2.5 lakh for electric three-wheelers (e-rickshaws and e-carts).
 

Related News