India, July 22 -- The Government of India issued the following news release:
The PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme, notified by Govt. of India on 29.09.2024 with an outlay of Rs.10,900 crore for a period of two years. The scheme encourages use of EVs by consumers in the following ways :
Consumers : The scheme focusses on providing upfront subsidies to the buyers of EVs at the time of purchase of EVs. A total of Rs.3,679 crore has been allocated under the scheme to provide subsidies to buyers of e-2Ws, e-3Ws, e-ambulances and e-trucks as per details provided below:
Table Omitted (The document can be viewed at https://www.pib.gov.in/PressReleasePage.aspx?PRID=2147042 )
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