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Big Shift in India’s EV Policy: PM E-Drive Scheme Launched! ⚡
The Government of India has announced the PM Electric Drive Revolution In Innovative Vehicle Enhancement (PM E-DRIVE) scheme, replacing the longstanding FAME programme. With a strong focus on two-wheelers, three-wheelers, and buses, this initiative aims to accelerate the adoption of electric vehicles in India, but excludes electric and hybrid cars from support.
Key Highlights:
- ₹10,900 crore allocated for the next two years
- Support for 24.79 lakh electric two-wheelers, 3.16 lakh electric three-wheelers, and 14,028 electric buses
- Introduction of e-vouchers for EV buyers and an 88,500 EV charging stations initiative
- Special provisions for e-ambulances and e-trucks
- Intercity & interstate e-bus operations in major cities, with demand aggregation by CESL
- Focus on reducing upfront costs of e-buses through a Public-Private Partnership model
At Shakti EV Mobility, we are excited about the future of electric mobility and are committed to supporting the government’s vision by continuing our work on cutting-edge EV components like BLDC motors, controllers, chargers, and more. We aim to play a pivotal role in this new EV revolution by providing innovative solutions for electric two-wheelers, three-wheelers, and beyond!
This new scheme is a bold step towards sustainable mobility in India, empowering businesses and citizens alike to transition to cleaner, greener electric vehicles!
Read more:https://lnkd.in/gB56jgiZSHAKTI EV MOBILITY PRIVATE LIMITED|Shakti Pumps (I) Ltd.#SHAKTIKIEV#PMEDRIVE#SustainableMobility#ElectricVehicles#GreenIndia#EVCharging#ShaktiEVMobility#ElectricBuses#EVRevolution#CleanTech#Renewable#Greenenergy#PMO#Ev#Evpowertrain#Hubmotor#MakeinIndia
Share Market Trading Tips's LinkedIn profile is https://in.linkedin.com/company/share-market-trading-tips
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