India, Feb. 6 -- The Government of India has issued a release:
The PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme has accelerated the adoption of Electric Vehicles (EVs) across the country by providing targeted demand incentives for multiple EV segments, including e-two wheelers (e-2Ws), e-three wheelers (e-rickshaws, e-carts and L5 category), e-ambulances and e-trucks, thereby reducing the upfront cost of electric mobility. Under the Scheme, upfront incentives are provided to consumers (buyers/end users) to reduce the purchase price of electric vehicles, which are reimbursed to Original Equipment Manufacturers (OEMs) by the Government of India.
The Scheme supports more than 28 lakh EVs. Further, the sc...