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Centre extends e2w subsidies under PM E-DRIVE till March 2028, boosts outlay to Rs 11,900 crore
Government subsidies for electric two-wheelers will continue until March 2028. The PM E-DRIVE scheme now has an additional ₹1,000 crore allocated. Electric two-wheeler sales have already surpassed initial program targets. Electric three-wheelers no longer require these government incentives. Electric buses received the largest subsidy allocation under the PM E-DRIVE scheme.
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newsbytesapp.com
PM E-Drive subsidy for electric two-wheelers extended till FY28
The government has prolonged the PM E-Drive subsidy for electric two-wheelers to FY28 and increased funding by ₹1,000 crore, boosting support for sustainable mobility solutions.
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thehindubusinessline.com
Govt extends PM E-Drive scheme till FY28
The government extends the PM E-Drive scheme for electric two-wheelers until FY28, increasing funding support to ₹2,767 crore.
