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PM E-DRIVE Scheme ⚡

📅 Published 12 Aug 2026 · Aug 2026

PM E-DRIVE Scheme ⚡

Key Facts

  • Full form: Prime Minister's Electric Drive Revolution in Innovative Vehicle Enhancement.
  • Implemented by Ministry of Heavy Industries (MHI).
  • Scheme notified: 29 September 2024.
  • Extended up to 31 March 2028.
  • Total outlay: ₹11,900 crore.
  • e-2W incentive amended to:
    • ₹2,500/kWh
    • Maximum ₹5,000 per vehicle
    • Applicable for April 2025–March 2028.

Objectives

  • Faster EV adoption
  • Charging infrastructure
  • EV manufacturing ecosystem

UPSC Mains — GS-III

EVs → Energy security + decarbonisation + import reduction + clean mobility + domestic manufacturing

Memory:
E-DRIVE → EV → ₹11,900 cr → March 2028

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