New Delhi, Aug. 9 -- The central government extended the Rs.10,900-crore PM E-Drive subsidy scheme by two financial years, until 2027-28, as a large portion of the scheme's corpus remains unused. About half of the scheme's funds, meant to ease upfront cost of over 14,000 electric buses, 5,600 electric trucks, and 72,000 public EV charging stations, remain unused. Launched in October 2024, after subsuming the Electric Mobility Promotion Scheme (EMPS), it was set to run until the end of 2025-26. It will now end once its entire corpus is exhausted, according to the ministry of heavy industries' August 7 gazette notification. However, incentives for electric two- and three-wheelers will be discontinued from the end of 2025-26. It was the govern...