In EV push, subsidy of Rs 10k for 2-wheelers till March next year, to be halved next year

The Indian government has unveiled the PM E-Drive subsidy scheme, offering Rs 10,000 for electric 2-wheelers and Rs 50,000 for electric 3-wheelers until March 2025. The initiative targets increased EV adoption and improved charging infrastructure. Subsidies will be reduced in the next financial year.

Sep 13, 2024 - 20:00

In EV push, subsidy of Rs 10k for 2-wheelers till March next year, to be halved next year

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The Indian government has unveiled the PM E-Drive subsidy scheme, offering Rs 10,000 for electric 2-wheelers and Rs 50,000 for electric 3-wheelers until March 2025. The initiative targets increased EV adoption and improved charging infrastructure. Subsidies will be reduced in the next financial year.