AI SummaryPM E-DRIVE scheme is a central government program that gives demand incentives to buyers of electric vehicles. Ministry of Heavy Industries (MHI) runs the scheme through the official portal at pmedrive.heavyindustries.gov.in. The scheme was launched in September 2024 and has now been extended to 31st March 2028.
Under the scheme, buyers of electric two-wheelers, three-wheelers, e-ambulances, e-trucks and e-buses get a direct subsidy. The total outlay has been raised from ₹10,900 crore to ₹11,900 crore. The scheme also supports the installation of public charging stations across the country.
What is PM E-DRIVE Scheme?
PM E-DRIVE stands for PM Electric Drive Revolution in Innovative Vehicle Enhancement. The Union Cabinet, led by Prime Minister Shri Narendra Modi, approved the scheme to push electric mobility in India. The main aim is to increase the use of electric vehicles and cut down pollution. Under the scheme, buyers get e-vouchers that help them claim the demand incentive at the time of purchase.
The scheme was notified through Gazette notification S.O. 4259 (E) on 29th September 2024 and started from 1st October 2024. It replaces the earlier FAME India scheme. The earlier EMPS-2024 outlay for e-2Ws and e-3Ws has also been merged into this scheme.
Latest Update on PM E-DRIVE Scheme 2026
The government has made several changes to the scheme in 2026. These updates affect the subsidy amount and the last date for different vehicle types.
- The scheme has been extended to 31st March 2028 through a notification dated 7th August 2025.
- The total outlay has been increased from ₹10,900 crore to ₹11,900 crore as per the amendment notification dated 10th August 2026.
- The terminal date for electric two-wheelers has been extended to 31st March 2028.
- Electric three-wheelers (e-rickshaws and e-carts) are supported till 31st March 2028, while the L5 category three-wheelers have already met their target and closed.
Key Points of PM E-DRIVE Scheme
The scheme covers many types of electric vehicles and also supports charging infrastructure. Here are the main points.
- Support for around 24.79 lakh electric two-wheelers, 3.2 lakh electric three-wheelers and 14,028 e-buses.
- E-vouchers are given to EV buyers to claim the demand incentive.
- Extra incentive is offered for buying an e-truck after scrapping an old truck.
- The scheme also promotes installation of Electric Vehicle Public Charging Stations (EVPCS).
- Only EVs fitted with advanced batteries qualify for the incentive.
PM E-DRIVE Scheme Highlights
| Detail | Information |
|---|---|
| Scheme Name | PM E-DRIVE Scheme |
| Full Form | PM Electric Drive Revolution in Innovative Vehicle Enhancement |
| Launched By | Ministry of Heavy Industries (MHI) |
| Launch Date | 29th September 2024 |
| Scheme Period | 1st October 2024 to 31st March 2028 |
| Total Budget | ₹11,900 crore |
| Beneficiaries | Buyers of e-2Ws, e-3Ws, e-buses, e-ambulances and e-trucks |
| Official Website | pmedrive.heavyindustries.gov.in |
PM E-DRIVE Scheme Subsidy Amount
The subsidy amount depends on the type of electric vehicle. Buyers get the benefit directly through an e-voucher at the time of purchase.
- Electric two-wheelers get a subsidy of ₹10,000 per vehicle.
- Electric three-wheelers get ₹50,000 per vehicle till March 2025, after which the amount is halved to ₹25,000.
- E-ambulances get a subsidy of ₹30,000 per kWh of battery capacity or 35% of the ex-factory price, whichever is lower.
- E-trucks get ₹5,000 per kWh of battery capacity or 10% of the ex-factory price, whichever is lower.
How to Apply for PM E-DRIVE Scheme
The application process is simple and happens at the time of buying the vehicle. The e-voucher is generated on the official portal.
STEP 1 - Go to the official PM E-DRIVE portal at pmedrive.heavyindustries.gov.in and check the list of approved EV models.
STEP 2 - Buy an eligible electric vehicle from an approved dealer. The portal generates an Aadhaar-authenticated e-voucher for the buyer.
STEP 3 - A link to download the e-voucher is sent to the registered mobile number of the buyer.
STEP 4 - The buyer signs the e-voucher and submits it to the dealer to claim the demand incentive.
STEP 5 - The dealer also signs the e-voucher and uploads it on the PM E-DRIVE portal. Both buyer and dealer get confirmation through SMS.
STEP 6 - The signed e-voucher is used by the OEM (Original Equipment Manufacturer) to claim reimbursement for the incentive.
PM E-DRIVE Scheme Budget Details
| Electric Vehicle (EV) | Total Budget |
| E-Ambulances | ₹500 crore |
| Procurement of 14,028 e-buses | ₹4,391 crore |
| E-Trucks | ₹500 crore |
| Electric Vehicle Public Charging Stations (EVPCS) | ₹2,000 crore |
| E-2Ws and E-3Ws | ₹3,679 crore |
| Testing agencies upgradation | ₹780 crore |
Electric Vehicle Public Charging Stations (EVPCS) Installation
To support electric vehicle use, the government is setting up fast chargers across the country. The plan includes 22,100 fast chargers for electric four-wheelers, 1,800 fast chargers for electric buses and 48,400 fast chargers for electric two-wheelers and three-wheelers. Around ₹2,000 crore has been set aside for these public charging stations.
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FAQ's
Is PM E-DRIVE scheme still running in 2026?
Yes, the scheme is active and has been extended to 31st March 2028. The terminal date for electric two-wheelers has also been extended to 31st March 2028.
What is the subsidy amount for electric two-wheelers?
Buyers of electric two-wheelers get a subsidy of ₹10,000 per vehicle under the PM E-DRIVE scheme.
Where can I apply for the PM E-DRIVE scheme?
You can check the official portal at pmedrive.heavyindustries.gov.in. The e-voucher is generated on this portal at the time of purchase.
What is the total budget of the PM E-DRIVE scheme?
The total outlay of the scheme has been raised to ₹11,900 crore from the earlier ₹10,900 crore.