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India
Govt Extends E2W Incentives Till March 2028 With Rs 1,000 Crore Boost Under PM E-DRIVE
IndiaWhat to know
- The Ministry of Finance has sanctioned an additional Rs 1,000 crore for electric two-wheelers, as EV penetration rises to 7.6% under the PM E-DRIVE scheme.S1
- PM E-Drive offers support for a maximum 45,79,120 e2Ws, with total funding support from the MHI pegged at ₹2,767 croreS2
Timeline · newest first
2mos
Feedburner:ndtvprofit Latest
Govt Extends E2W Incentives Till March 2028 With Rs 1,000 Crore Boost Under PM E-DRIVE
The Ministry of Finance has sanctioned an additional Rs 1,000 crore for electric two-wheelers, as EV penetration rises to 7.6% under the PM E-DRIVE scheme.
2mos
Thehindubusinessline
Govt extends PM E-Drive scheme till FY28
PM E-Drive offers support for a maximum 45,79,120 e2Ws, with total funding support from the MHI pegged at ₹2,767 crore
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Published Aug 11, 2026
What to know
- The Ministry of Finance has sanctioned an additional Rs 1,000 crore for electric two-wheelers, as EV penetration rises to 7.6% under the PM E-DRIVE scheme.S1
- PM E-Drive offers support for a maximum 45,79,120 e2Ws, with total funding support from the MHI pegged at ₹2,767 croreS2
Timeline · newest first
2mos
Feedburner:ndtvprofit Latest
Govt Extends E2W Incentives Till March 2028 With Rs 1,000 Crore Boost Under PM E-DRIVE
Sources · 2 citations
S1
Feedburner:ndtvprofit Latest
1 report · EN
S2
ThehindubusinesslineLead
1 report · EN
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India