Government extends Electric Mobility scheme by 2 months; increases outlay to Rs 778 Cr

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Government extends Electric Mobility scheme by 2 months; increases outlay to Rs 778 Cr - YourStory

Quick Summary:

The scheme aims to advance the government's green initiatives and foster the growth of the EV manufacturing ecosystem in the country.

Electric Mobility Promotion Scheme (EMPS) - 2024 is expected to provide further impetus to the green mobility and development of electric vehicle (EV) manufacturing ecosystem in the country.

Further, in addition to commercial use, privately or corporate-owned registered e-2W will also be eligible under the scheme.