The Ministry of Heavy Industries has notified PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme on 29.09.2024 for promotion of electric mobility and to reduce dependence of fossil fuels in the country.  The scheme has an outlay of Rs.10,900 crore over a period of two years from 01.04.2024 to 31.03.2026. The Electric Mobility Promotion Scheme (EMPS) 2024 implemented for the period of 06 months, from 01.04.2024 to 30.09.2024, is subsumed in PM E-DRIVE Scheme. PM E-DRIVE scheme aims to incentivise sale of e-2W, e-3W, e-Trucks, e-Ambulances, and e-buses. The scheme also supports development of charging infrastructure and upgradation of vehicle testing agencies.

This information was given by the Minister of State for Heavy Industries and Steel, Shri Bhupathiraju Srinivasa Varma in a written reply in the Rajya Sabha today.

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