PM E-DRIVE extended till March 2028, e-2Ws get up to Rs 5,000 incentive

The government has extended the PM E-DRIVE scheme by two years to March 31, 2028 with electric two-wheelers continuing to receive purchase incentives as part of efforts to accelerate EV adoption and strengthen domestic manufacturing. According to the Ministry of Heavy Industries, the PM E-DRIVE scheme will now continue until March 31, 2028, with a total outlay of Rs 11,900 crore, focusing on the faster adoption of electric vehicles, the development of charging infrastructure, and...