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Govt to offer sops up to Rs 5,000 for electric two-wheelers till Mar 2028
NEW DELHI: Govt has extended incentives for electric two-wheelers under the PM E-DRIVE scheme till March 31, 2028, while also working on a financing support mechanism to bring down borrowing costs for electric buses and trucks, as it looks to accelerate EV adoption across vehicle segments.
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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.
