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(08/08/2025 15:43)

Govt extends PM E-DRIVE scheme till March 2028 for select EV categories

The government has extended the ?10,900-crore PM E-DRIVE Scheme by two years, pushing its validity to March 2028 for select categories such as electric buses, e-ambulances, and e-trucks.

A gazette notification on the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme stated that the scheme’s provisions, earlier set to end in March 2026, will now remain in force till March 2028 for these vehicle types.

However, for registered electric two-wheelers, e-rickshaws and e-carts, and registered e-three-wheelers (L5 category), the terminal date will remain March 31, 2026.