12 August 2026 at 2:18 am
Summary
The government has extended the PM E-DRIVE Scheme until March 2028 with a funding of Rs 11,900 crore, aiming to boost electric vehicle usage and infrastructure. However, incentives for electric two-wheelers will be reduced to Rs 2,500 per kWh starting April 1, 2025.
PM E-DRIVE Scheme Caps EV Two-Wheeler Incentive at Rs 5,000
11 Aug 2026, 6:20 pm · government policy
Electric Two-Wheeler Subsidies Extended to March 2028 with Additional Funding
12 Aug 2026, 2:18 am · Government
Ola Electric, Ather Energy Shares Surge 5% as EV Subsidies Extended to FY28
11 Aug 2026, 10:15 pm · Automotive
Centre Extends E2W Subsidies Under PM E-DRIVE Till March 2028, Boosts Outlay to ₹11,900 Crore
12 Aug 2026, 2:14 am · Government
Govt: Critical Minerals Prioritized in Trade, Investment Engagements to Strengthen Supply Chains
12 Aug 2026, 2:14 am · Economy
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