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In an effort to speed up the introduction of electric vehicles (EVs) in India, the Union Cabinet has approved the PM E Drive Scheme Online Apply 2024 The Union government led by Prime Minister Narendra Modi has approved the Rs 10900 crore PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) initiative marking a further major move forward for electric mobility in India.
The PM E Drive Scheme would encourage the nation’s transformation to electric vehicles (EVs) by providing demand subsidies and other benefits for various electric vehicle models increasing public charging infrastructure and updating vehicle testing stations All the interested people can go to the official website to know more about and apply easily to get benefits from this plan.
PM E Drive Scheme Revised FAME
The Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicles in India (FAME India) project which ran in two phases from 1 April 2015 to 31 March 2024 has been replaced by the PM e DRIVE scheme To encourage electric mobility throughout the nation, the government spent a total of Rs 11500 crore in the second phase of the program compared to Rs 895 crore in the first.More than four million people live in the cities where the electric buses will be used.The scheme worth Rs 10,900 crore for two years, supports electric vehicles through subsidies and incentives worth Rs 2679 crore, with Rs 500 crore allocated for ambulances trucks and buses.
Objective of PM E Drive Scheme
Increasing the number of electric vehicles in India is the primary goal of the PM E Drive Scheme As part of the program, the Indian government will also encourage more people to adopt electric vehicles by offering discounts to all individuals who buy them.Additionally, 88,500 charge stations for all-electric cars will be installed nationwide by the Indian government. Encouraging electric vehicles will also lead to a decrease in pollution and a major drop in consumption of petrol. For EV consumers to take advantage of the demand incentives offered by the program, the government has also created e-vouchers.
Mukhyamantri Vayoshri Yojana Status
Key Highlights of PM E Drive Scheme 2024
Name of the scheme | PM E Drive Scheme 2024 |
Introduced by | Government of India |
Objective | Promote electric vehicles |
Beneficiaries | Senior citizens of India |
Official website | |
Total budget | INR 10,900 crore |
Approved date | 11th September 224 |
List of Vehicle
- Electric two-wheelers (e-2W)
- Electric three-wheelers (e-3W)
- E-ambulances
- E-trucks
Date of Announcement
- On 11 September 2024 the PM E Drive Scheme 2024 was revealed.
Benefits of PM E Drive Scheme
- The Indian government will encourage people to buy electric automobiles with the aid of this program.
- Additionally all Indian people who purchase electric vehicles will receive subsidies from the Indian government.
- The government of India will also contribute to lowering air pollution and petrol use by encouraging electric vehicles.
- The Government of India has allotted INR 10,900 crores for the carrying out of this plan.
- For EV consumers to take advantage of the demand incentives offered by the program, the government has created e-vouchers.
Subsidy Under PM E Drive Scheme
- A total of INR 3679 crore in subsidies and demand incentives have been offered to encourage the use of e-2Ws e-3Ws e-ambulances e-trucks and other new electric vehicles.
PM E Drive Scheme Apply Online
Step 1: Visit the official website to apply online for the PM E Drive Scheme 2024 if you meet the eligibility requirements.
Step 2: The candidate must select “apply here” when they arrive at the official website’s home page.
Step 3: A fresh screen will open on your desktop computer. The candidate needs to fill it out completely and attach any necessary paperwork to the application.
Step 4: The applicant must swiftly check their entry after providing all the information and press “Submit” to finish the procedure.
FAQs
What is the entire amount allocated by the Indian government for the PM E Drive Scheme 2024?
Under the PM E Drive Scheme 2024, the Indian government set aside a total expenditure of INR 10,900.
The PM E Drive Scheme 2024 was announced when?
The 11th of September 2024 saw the announcement of the PM E Drive Scheme 2024.
Which program did the PM E Drive Scheme 2024 replace?
The PM E Drive plan 2024 took the place of the FAME plan.