PM E-DRIVE incentives for electric two-wheelers revised

12 Aug 2026 Economy

Under an amendment to the PM E-DRIVE scheme, incentives for electric two-wheelers were revised to Rs 2,500 per kWh with a cap of Rs 5,000 per vehicle, applicable through March 2028. The scheme carries a total outlay of Rs 11,900 crore to accelerate EV adoption. (Verify before publishing.)

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