ACCELERATION IN ADOPTION OF ELECTRIC VEHICLE THROUGH PM E-DRIVE SCHEME

The PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme has accelerated the adoption of Electric Vehicles (EVs) across the country by providing targeted demand incentives for multiple EV segments, including e-two wheelers (e-2Ws), e-three wheelers (e-rickshaws, e-carts and L5 category), e-ambulances and e-trucks, thereby reducing the upfront cost of electric mobility. Under the Scheme, upfront incentives are provided to consumers (buyers/end users) to reduce the purchase price of electric vehicles, which are reimbursed to Original Equipment Manufacturers (OEMs) by the Government of India.

The Scheme supports more than 28 lakh EVs. Further, the scheme also includes grant for 14,028 e-buses of STUs.

The Scheme also supports deployment of EV charging infrastructure and upgradation of testing facilities. An allocation of Rs.2,000 crore has been made under the scheme for deployment of EV Public Charging Stations (EVPCS) on a pan-India basis.

These measures have strengthened the EV ecosystem, enhanced consumer confidence, and facilitated large-scale adoption of clean and sustainable mobility solutions.

As on 31st December, 2025 a total of  Rs.1,703 crore have been reimbursed to Original Equipment Manufacturers (OEMs) of e-2Ws and e-3Ws, as reimbursement of demand incentive provided to buyers of e-2Ws and e-3Ws, under the PM E-DRIVE Scheme.

Source: PIB