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Government Amends PM E-DRIVE Scheme, Bolstering EV Two-Wheeler Support

TL;DR

The Indian government has amended the PM E-DRIVE Scheme, increasing its financial outlay and extending support for electric two-wheelers until March 2028.

The Ministry of Heavy Industries recently issued the PM E-DRIVE Scheme Amendment 2026, significantly increasing the program's outlay to ₹11,900 crore. This amendment, published on August 10, 2026, primarily enhances support for the electric two-wheeler segment, extending eligibility to 45,79,120 registered vehicles with a total fund support of ₹2,767 crore. The scheme's terminal date has been set to March 31, 2028, with claims to be submitted by December 31, 2027. The PM E-DRIVE Scheme, originally notified in September 2024, aims to promote electric mobility, charging infrastructure, and the EV manufacturing ecosystem in India. This latest amendment signals a continued government commitment to accelerating electric vehicle adoption, particularly in the crucial two-wheeler market, and integrates the Electric Mobility Promotion Scheme 2024 (EMPS-2024) within its framework.
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