Union Cabinet Approves PM E-DRIVE Scheme to Boost Electric Mobility with ₹10,900 Crore Outlay

New Delhi: In a major step toward advancing India’s electric mobility sector, the Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme. Announced on September 11, 2024, the scheme comes with a financial outlay of ₹10,900 crore, spread over two years, aimed…

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Union Minister Unveils PM-eBus Sewa and PM E-DRIVE Schemes to Boost Electric Mobility in India

New Delhi: Union Minister for Heavy Industries & Steel, H.D. Kumaraswamy, today introduced two ambitious government schemes aimed at revolutionizing electric mobility in India—the “PM-eBus Sewa-Payment Security Mechanism (PSM) Scheme” and the “PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme.” The announcement was made during a press briefing held at Udyog Bhawan,…

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Union Cabinet Approves ₹10,900 Crore PM E-DRIVE Scheme to Boost Electric Mobility

New Delhi: In a major step towards promoting electric mobility in India, the Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme. With an outlay of ₹10,900 crore over two years, the scheme is set to revolutionize the electric vehicle (EV) landscape…

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