India Extends PM E-Drive Scheme Until 2028 with Key Changes
The Prime Minister Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) scheme has been extended by the Government of India until March 2028. However, subsidies for electric two- and three-wheelers will end by March 2026, indicating a shift in policy towards market maturity. Scheme Overview Financial Allocation Targets by 2028 Subsidy Structure and Adjustments … Read more