The Union Cabinet has approved the proposal of the Ministry of Heavy Industries (MHI) for implementation of the scheme titled ‘PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme’ for promotion of electric mobility in the country.
The scheme has an outlay of Rs 10,900 crore over a period of two years.

Key Features of the Scheme:
1.Subsidies/Demand incentives: There is incentive of Rs.3,679 crore for e-ambulances, e-trucks and other emerging EVs. The scheme will support 24.79 lakh e-2 wheelers and 3.16 lakh e-3 Wheelers and 14,028 e-buses.
2.e-vouchers for EV buyers: At the time of purchase of the EV, the scheme portal will generate an Aadhaar authenticated e-Voucher for the buyer. A link to download the e- voucher shall be sent to the registered mobile number of the buyer.
3. Signed e-vouchers: e-vouchers will be signed by the buyer and submitted to the dealer to avail demand incentives under the scheme.
-The e-Voucher will also be signed by the dealer and uploaded on the PM E-DRIVE portal.
–The signed e-voucher shall be sent to the buyer and dealer through an SMS. The signed e-voucher will be essential for OEM to claim reimbursement of demand incentives under the scheme.
4.Deployment of e-ambulances: The scheme allocates Rs.500 crore for the deployment of e-ambulances. This is a new initiative of Govt of India to promote the use of e-ambulance for a comfortable patient transport.
5.Incentives for Scrapped Vehicles: Rs.4,391 crore has been provided for procurement of 14,028 e-buses by STUs/public transport agencies.
-While allocating buses to cities/states, first preference shall be given to those number of buses of cities/states, which are being procured after scrapping old STU buses, through authorised scrapping centres following the MoRTH Vehicle Scrapping Scheme guidelines.
6.Installation of electric vehicle public charging stations (EVPCS):
EVPCS shall be installed in the selected cities .with high EV penetration and also on selected highways.
– The scheme proposes the installation of 22,100 fast chargers for e-4 Ws, 1800 fast chargers for e-buses and 48,400 fast chargers for e-2W/3Ws. The outlay for EV PCS will be Rs.2,000 crore.
7.Promoting mass mobility by supporting means of public transportation:
EVs to reduce the environmental impact of transportation and improve air quality.As it focuses and promotes public transportation like e-buses.
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