Govt notifies Rs 10,900-Cr PM E-DRIVE scheme to expand EV adoption

Quick Summary:

The PM E-drive scheme replaces the previous Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME) scheme and Electric Mobility Promotion Scheme.

FAME schemes primarily focused on certain categories of electric vehicles, predominantly electric two-wheelers (e2Ws) and three-wheelers (e3Ws).

The PM E-DRIVE scheme introduces more structured and enhanced demand incentives.

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Article Details

Author / Journalist: Pooja Malik

Category: StartupsEconomyBusiness

Markets: India

Topics: Mobility Information Incentives Electric Policy Scheme Vehicle Manufacturing Vehicles Privacy E-drive

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-30 @ 13:41:48 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 406 words

Reading Time: 3 minutes read

Sentences: 25 lines

Sentence Length: 17 words per sentence (average)

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Copyright Owner: © YourStory

News ID: 22790731

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