12 August 2026 at 2:18 am
Summary
The Indian government has extended subsidies for electric two-wheelers until March 2028 under the PM E DRIVE scheme, allocating an additional Rs 1000 crore. This extension continues an incentive of up to Rs 5,000 per vehicle, following India's success in surpassing its electric two-wheeler sales target.
Centre Extends E2W Subsidies Under PM E-DRIVE Till March 2028, Boosts Outlay to ₹11,900 Crore
12 Aug 2026, 2:14 am · Government
PM E-DRIVE Scheme Caps EV Two-Wheeler Incentive at Rs 5,000
11 Aug 2026, 6:20 pm · government policy
India Aims for 10-Fold Clean Fuel Output Increase in 5-10 Years to Cut Imports
12 Aug 2026, 2:14 am · Government
Ola Electric, Ather Energy Shares Surge 5% as EV Subsidies Extended to FY28
11 Aug 2026, 10:15 pm · Automotive
Government Extends PM E-Drive Subsidy for Electric Two-Wheelers Until FY28, Increases Allocation
11 Aug 2026, 2:16 pm · government policy
PM E-DRIVE Scheme Extended to 2028; Electric Two-Wheeler Incentive Capped at Rs 5,000
12 Aug 2026, 2:18 am · Electric Vehicles
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