The Union Budget 2025–2026 provided electric mobility (e-mobility) initiatives in India a boost with a funding increase of more than 20% over the previous year. From Rs 4,434.92 crore in…
PM E-DRIVE
Piyush Goyal, the minister of commerce and industry, stated that the electric vehicle (EV) ecosystem did not require any new incentives or subsidies. “India’s electric vehicle market is prepared and…
According to a study by The Economic Times that cited statistics from Venture Intelligence, funding for India’s electric vehicle (EV) sector has drastically decreased, falling from $934 million in 2022…
The PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) program was introduced by the Ministry of Heavy Industries (MHI), marking a major step towards accelerating the adoption of…
According to a survey by the industry group FICCI, India will need to invest Rs 16,000 crore in capital projects by 2030 in order to meet the demand for EV…
The PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) program, which went into force on October 1, 2024, and will continue to operate until March 31, 2026, has…
Sulajja Firodia Motwani, Chair of the FICCI Electric Vehicle Committee, stated that lowering the Goods and Services Tax (GST) on EV batteries and charging services is crucial to preserving the…
The government plans to implement a Prime Minister Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) subsidy for the sale of cargo-class electric three-wheelers (e-3Ws of L5). But there…
According to a Ministry of Heavy Industries official gazette statement, the new Rs 10,900-crore PM E-Drive initiative, which promotes charging infrastructure and offers demand incentives for electric vehicles, will go…
By December 2024, the government is expected to release guidelines for obtaining a Rs 500 crore subsidy intended to promote electric ambulances through the PM E Drive program. Key stakeholders…