In Short : The Ministry of Heavy Industries has extended the PM E-DRIVE scheme until 2028 to boost India’s electric mobility push. The program supports manufacturing and adoption of electric vehicles through incentives and infrastructure development. The extension aims to accelerate EV penetration, reduce carbon emissions, and strengthen India’s position in the global clean transportation market.
In Detail : The Ministry of Heavy Industries has extended the PM E-DRIVE scheme until 2028, reinforcing its commitment to advancing electric mobility in India.
The scheme offers financial incentives to encourage the manufacturing and adoption of electric vehicles, making them more accessible to consumers.
It also focuses on expanding the nation’s EV charging infrastructure, helping to address range and convenience concerns.
Officials say the move will cut carbon emissions, reduce fossil fuel dependency, and promote sustainable transportation solutions.
Industry experts believe the extension will boost investor confidence and stimulate innovation in the EV sector.
With this decision, India strengthens its efforts to lead in the global clean and green mobility space.
