Government Extends PM E-Drive Subsidy for Electric Two-Wheelers Until FY28, Increases Allocation

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government policy

11 August 2026 at 2:16 pm

Government Extends PM E-Drive Subsidy for Electric Two-Wheelers Until FY28, Increases Allocation

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Summary

The government has extended the PM E-Drive subsidy for electric two-wheelers until FY28 and increased its allocation, providing greater policy visibility for manufacturers amid rising sales.

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