Full Name:PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme Launched By: Ministry of Heavy Industries, Government of India Gazette Notification: S.O. 4259 (E), dated 29th September 2024 Implementation Period:
From 1st October 2024 to 31st March 2026 (2 years)
Provide affordable, clean, and sustainable transport.
Support development of charging infrastructure and testing facilities.
Focus on commercial use vehicles but also includes private/corporate-owned e-2Ws.
Eligible Categories
e-2 Wheelers (e-2Ws) – including private, corporate, and commercial.
e-3 Wheelers (e-3Ws) – registered e-rickshaws, e-carts, and L5.
e-Ambulances
e-Trucks
e-Buses
Charging Infrastructure
Testing Agencies (upgradation)
Only EVs fitted with advanced battery technology will be eligible.
Financial Outlay & Vehicle Targets
Total Budget: ₹10,900 Crore Total Vehicles Supported: 28,87,079
Vehicle Segment
Max. No. of Vehicles
Fund Support (₹ Cr.)
e-2 Wheelers
24,79,120
1,772
e-Rickshaws & e-Carts
39,034
50
e-3 Wheelers L5
2,88,809
857
e-Ambulances
To be notified separately
500
e-Trucks
5,643
500
e-Buses
14,028
4,391
EV Public Charging Stations (PCS)
72,300
2,000
Testing Agencies Upgradation
-
780
Admin Expenses
-
50
PM E-DRIVE e-Voucher System
e-Voucher will be issued at the time of EV purchase.
Authentication: Aadhaar e-KYC with Face Authentication.
Voucher link sent to customer’s registered mobile number.
Demand incentive is credited to manufacturer/dealer against this voucher.
The Government of India has launched the PM E-Drive scheme, a new initiative aimed at promoting electric vehicles (EVs) and accelerating India’s transition towards clean mobility. This scheme is designed to encourage citizens to adopt eco-friendly transport solutions by offering direct subsidies on EV purchases.
What is PM E-Drive?
PM E-Drive is a Central Government program that provides financial assistance to buyers of electric vehicles. By offering subsidies and incentives, the scheme reduces the cost of ownership and makes EVs more accessible for the common man.
The scheme is part of India’s broader mission to reduce carbon emissions, cut down on fuel imports, and build a sustainable future.
Subsidy Benefits
Electric Two-Wheelers / Scooters: Subsidy ranging from ₹10,000 to ₹30,000.
Electric Cars: Subsidy up to ₹50,000.
Electric Buses: Subsidy of ₹1.5 lakh to ₹15 lakh depending on category.
👉 Note: The subsidy amount depends on battery capacity and vehicle model.
Key Features
Applicable to two-wheelers, three-wheelers, four-wheelers, and buses.
Financial assistance directly linked to the vehicle purchase price.
Helps reduce dependency on petrol/diesel, thereby promoting a green environment.
Scheme implemented across India, covering both urban and rural buyers.
Eligibility
To avail the benefits of the PM E-Drive scheme, applicants must:
Purchase an EV under the categories approved by the Government.
Provide basic documents including Aadhaar, mobile number, and bank account details.
Complete e-KYC (Face ID verification) during registration.
Claim subsidy through the official scheme portal after vehicle purchase.