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PM E-DRIVE Scheme, Components and Features

Context: Recently The Union Cabinet has approved the PM E-DRIVE Scheme with an outlay of ₹10,900 crore over a period of two years for promotion of electric mobility in the country.

PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE)

The scheme aims to support the adoption of electric vehicles (EVs) in the country through subsidies and demand incentives on electric models in different categories, installation of public charging stations, modernisation of vehicle testing agencies etc.

Components of the Scheme

  • Subsidies and Demand Incentives: The scheme allocates Rs 3,679 crore to incentivise the purchase of electric two-wheelers (e-2Ws), three-wheelers (e-3Ws), electric ambulances, trucks, and other emerging EV categories.
  • E-Vouchers for EV Buyers: Adhar authenticated E-Vouchers Buyers will be issued under the scheme to avail demand incentives. These vouchers will be sent to the buyer’s registered mobile number after the purchase.
  • Procurement of E-buses: About 14,028 e-buses will be procured by state transport undertakings of 9 cities with a population of more than 40 lakh, namely Delhi, Mumbai, Kolkata, Chennai, Ahmedabad, Surat, Bangalore, Pune and Hyderabad.
  • E-Ambulance Deployment: A budget of Rs 500 crore has been allocated to deploy electric ambulances.
  • Incentives for E-Trucks: Under this component Rs 500 crore has been allocated to promote the deployment of e-trucks, a major contributor to air pollution.
  • Improve Charging Infrastructure: Rs 2,000 crore will be allocated to install public charging stations (EVPCS) in cities with high EV penetration and along selected highways.

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