In Short : The government has launched the PM E-DRIVE scheme, offering ₹9.6 lakh incentives per electric truck to support the deployment of 5,600 vehicles. Aimed at fleet operators, the initiative promotes clean logistics, reduces emissions, and encourages EV adoption in the commercial sector. The scheme aligns with India’s broader goals for sustainable transport and a greener economy.
In Detail : The Government of India has launched the PM E-DRIVE scheme to accelerate the adoption of electric trucks across the country. Under this initiative, a financial incentive of ₹9.6 lakh will be provided for each eligible electric truck. The scheme targets the deployment of around 5,600 electric trucks in the initial phase.
This move is part of a broader push to decarbonize India’s transport and logistics sectors. By promoting the use of electric trucks, the government aims to reduce carbon emissions, lower fuel dependence, and improve air quality in urban and industrial corridors.
The incentive will primarily benefit commercial fleet operators and logistics providers. It is expected to significantly lower the upfront cost of electric trucks, making them a viable alternative to conventional diesel-powered vehicles for freight movement.
The scheme also supports the development of a cleaner and more efficient supply chain network. With electric trucks becoming more accessible, companies will be better positioned to meet their environmental goals while reducing long-term operating costs.
In addition to financial incentives, the PM E-DRIVE scheme is likely to encourage investments in EV charging infrastructure, battery innovation, and electric vehicle manufacturing. This will contribute to job creation and the overall growth of India’s electric mobility ecosystem.
By targeting the commercial segment, the government is addressing one of the most polluting vehicle categories. The PM E-DRIVE initiative aligns with India’s commitments to climate action and paves the way for a more sustainable and resilient transportation future.
