New Delhi, July 11 -- With less than nine months to go in the PM E-Drive scheme's runtime, Union heavy industries minister H.D. Kumaraswamy on Friday announced guidelines for consumers to avail incentives for purchasing electric trucks.
Customers can get incentives of Rs.5,000 for every kilowatt-hour of an e-truck's battery capacity, Kumaraswamy said during a press briefing in New Delhi. Typically, the battery of an electric truck has a capacity of 250-400 kWh.
Mint first reported on 3 July that the government was considering a Rs.5,000 per kWh subsidy for electric trucks under the PM E-Drive scheme.
The maximum incentive available will be capped at Rs.9.6 lakh for a single e-truck, the Kumaraswamy said.
The government plans to incent...
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