India, Feb. 11 -- The Government of India issued the following news release:

The rs 10,900 crore PM E-Drive scheme aims to enhance electric mobility in India and contribute to the country's environmental goals through several key strategies. The scheme is available till 31.03.2026. The scheme aims to achieve its objective in the following manner:

Faster Adoption of EVs: The scheme seeks to accelerate the uptake of electric vehicles by reducing their upfront costs through demand incentives. Charging Infrastructure: A significant focus is on establishing a robust charging infrastructure network to build confidence among EV users and support the growing EV fleet. EV Manufacturing Ecosystem: The scheme promotes the development of a local EV m...