PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme
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The scheme has an outlay of Rs 10,900 crore over a period of two years.
The major components of the scheme are as under:
- Subsidies/Demand incentives worth Rs.3,679 crore have been provided to incentivize e-2Ws, e-3Ws, e-ambulances, e-trucks and other emerging EVs.
- The scheme allocates Rs.500 crore for the deployment of e-ambulances. This is a new initiative of Govt of India to promote the use of e-ambulance for a comfortable patient transport.
- The trucks are a major contributor to air pollution. The scheme will promote the deployment of e-trucks in the country. Rs.500 crore has been allocated for incentivising e-trucks
The primary objective of the PM E-DRIVE scheme is to expedite the adoption of EVs by providing upfront incentives for their purchase, as well as by facilitating the establishment of essential charging infrastructure for EVs.
The PM E-DRIVE scheme aims to promote EVs to reduce the environmental impact of transportation and improve air quality.
The scheme promotes an efficient, competitive, and resilient EV manufacturing industry thereby promoting Aatmanirbhar Bharat.
This will be achieved by incorporating phased manufacturing programme (PMP) which encourages domestic manufacturing and strengthening of EV supply chain.
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