India, Dec. 31 -- The Government of India has issued a release:
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Name of Applicant
Category
Incentive Disbursed in FY2024-25
Incentive Disbursed in FY2025-26
1
Tata Motors Ltd.
OEM
142.13
403.18
2
Bajaj Auto Ltd.
OEM
-
625.65
3
Mahindra & Mahindra Ltd.
OEM
104.08
283.82
4
TVS Motor Co.
OEM
-
320.51
5
Ola Electric Tech
OEM
73.74
366.78
6
Toyota Kirloskar Auto Parts Pvt. Ltd.
Component
2.05
-
Total
322
1,999.94
Category of Vehicle
Units Incentivised
Units Incentivised
Total Units Incentivised
e-2w
41,758
10,00,414
10,42,172
e-3w
23,486
2,14,899
2,38,385
e-4w
11,314
68,226
79,540
e-bus
280
1,111
1,391
Total
76,838
12,84,650
13,61,488
S. No.
Vehicle Company
Vehicle Model/Variant...