Home India Ministry of Heavy Industries PM Electric Drive Revolution in Innovative Vehicle Enhanceme...
Date: 2025-08-13 Category: Extra Ordinary State: Union Government Country: India

PM Electric Drive Revolution in Innovative Vehicle Enhancement(PM EDRIVE) Scheme

Issued by Ministry of Heavy Industries · Not Applicable

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Executive Summary & Key Takeaways

**Executive Summary:** This notification, dated August 13, 2025, announces amendments to the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM EDRIVE) Scheme, originally notified on September 29, 2024, and November 25, 2024. The changes, effective from the date of publication in the official gazette, relate to incentives for e3 wheelers L5, registered e-rickshaws, and e-carts. The amendments specify revised incentive structures and fund allocations for FY 2024-25 and FY 2025-26. **Key Points / Main Content:** * **Amendments to PM EDRIVE Scheme:** * Modifies the PM EDRIVE Scheme as per notifications S.O.4259E (September 29, 2024) and S.O. 5062E (November 25, 2024). * Effective from the date of publication in the official gazette. * **Incentives for Registered E-Rickshaws and E-Carts:** * Amends Sl. No. 2 of Annexure 4 of S.O.4259E. * Maximum number of vehicles supported: 39,034. * Incentive for FY 2024-25: capped at ₹25,000 per vehicle. * Incentive for FY 2025-26: capped at ₹12,500 per vehicle. * Maximum Ex-factory price to avail incentive: ₹5 lakh. * Total fund support: ₹502 crore. * **Incentives for Registered e3 Wheelers L5:** * Amends Sl. No. 3 of Annexure 4 of S.O.4259E and S.O. 5062E. * Incentives available for vehicles registered on Vahan portal from April 1, 2024, to November 7, 2024, and from November 8, 2024, to March 31, 2026. * 80,546 Vehicles registered from 1st April 2024 to 7th November 2024 * Incentive: ₹50,000 per vehicle. * 208,263 Vehicles registered from 8th November 2024 to 31st March 2026 * Incentive: ₹25,000 per vehicle. * Maximum Ex-factory price to avail incentive: ₹5 lakh. * Total fund support: ₹8572 crore. * **General Incentive Conditions:** * The proposed incentive per kWh is subject to review based on vehicle cost reduction. * The incentive is limited to the specified amount or 15% of the ex-factory price, whichever is lower. * **Fund Allocation:** * The outlay under EMPS2024 has been subsumed within the outlay under PM EDRIVE. * **Revised Total Outlay:** * Total outlay for e3W: registered e-rickshaws and e-carts: ₹50 crore. * Total outlay for e3W: L5: ₹857 crore. **Impact Analysis** * **E3W Manufacturers:** * Impact: Revised incentive structure affects vehicle pricing and sales strategy. * Action Required: Adjust pricing and production plans to align with the new incentive limits and communicate changes to consumers. * **Consumers/Purchasers of e3 Wheelers:** * Impact: Changes in incentives influence the affordability of electric vehicles. * Action Required: Evaluate vehicle purchase decisions based on the updated incentive amounts and eligibility criteria. * **Ministry of Heavy Industries:** * Impact: Responsible for implementing and monitoring the revised PM EDRIVE Scheme. * Action Required: Ensure effective communication of the amendments to relevant stakeholders and oversee the disbursement of incentives.

Key Entities Referenced

PM Electric Drive Revolution in Innovative Vehicle Enhancement PM EDRIVE Scheme: A scheme by the Ministry of Heavy Industries to promote electric vehicles. Ministry of Heavy Industries: The ministry responsible for notifying the PM EDRIVE scheme and related amendments. S.O.4259E: A scheme notification by the Ministry of Heavy Industries, dated 29th September 2024, related to electric vehicles. S.O. 5062E: A scheme notification by the Ministry of Heavy Industries, dated 25th November 2024, related to e3 wheelers L5. EMPS2024: An outlay subsumed within the outlay under PM EDRIVE scheme. e3 wheelers L5: Category of electric three-wheelers referred to in the notification. New Delhi: The city where the notification was issued. Dr. HANIF QURESHI: Addl. Secy who signed the notification
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-13082025-265395 CG-DLxx-ExG-1ID30H8x2x0x 25-265395 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 3588] नई दिल्ली, बधु वार, अगस्ट्त 13, 2025/श्रावण 22, 1947 No. 3588] NEW DELHI, WEDNESDAY, AUGUST 13, 2025/SHRAVANA 22, 1947 भारी उद्योग मत्रं ालय अजधसचू ना नई दिल्ली, 13 अगस्ट्त, 2025 का.आ. 3680(अ).— पीएम इलेजररक ड्राइव ररवोल्यूिन इन इनोवेरिव व्हीकल एनहांसमेंि (पीएम ई-ड्राइव) स्ट्कीम 1. भारी उद्योग मंत्रालय द्वारा दिनांक 29 जसतंबर, 2024 के का.आ.4259(अ) और ई-जतपजहया एल5 के संबंध म ें दिनांक 25 नवंबर, 2024 के का.आ.5062(अ) के माध्यम स े अजधसूजचत पीएम इलेजररक ड्राइव ररवोल्यूिन इन इनोवेरिव व्हीकल एनहांसमेंि (पीएम ई-ड्राइव) स्ट्कीम में आंजिक सिं ोधन करते हुए, रािपत्र म ें इसके प्रकािन की जतजि स े जनम्नजलजखत संिोधन दकए िाते ह:ैं 2. दिनांक 29 जसतम्बर, 2024 के का.आ. 4259(अ) के संलग्नक IV की क्रम संख्या 3 को जनम्नानसु ार संिोजधत दकया िाएगा: क्र.सं. वाहन खडं समर्िति दकए वाहनों के जलए प्रोत्साहन*1 प्रोत्साहन भारी उद्योग िान ेवाल े मत्रं ालय स े प्राप्त करन ेके वाहनों की जलए कुल अजधकतम जवत्त वर् ि 2024- जवत्त वर् ि 2025- अजधकतम जनजध सख्ं या 25 26 एरस-फ़ैरिरी सहायता 5377 GI/2025 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] मल्ू य (₹ करोड़) 2 पंिीकृत ₹5,000/ ₹2,500/ ₹2.5 लाख 50*2 दकलोवाि घंिा, दकलोवाि घंिा, ई- 39,034 अजधकतम अजधकतम रररिा ₹25,000 प्रजत ₹12,500 प्रजत और ई-कािि वाहन तक सीजमत वाहन तक सीजमत *1 तिाजप, प्रजत दकलोवाि घंिा प्रोत्साहन की प्रस्ट्ताजवत राजि, वाहन लागत में कमी के अनसु ार समीक्षा के अधीन ह ़ै तिा समय-समय पर तिनुसार अजधसूजचत की िाएगी। प्रोत्साहन ऊपर जनर्िष्टि सीमा तक या ई-िपु जहया/ई-जतपजहया के एरस-फ़ैररी मूल्य के 15% तक, िो भी कम हो, सीजमत होगा। *2 ईएमपीएस-2024 के अंतगित पररव्यय को पीएम ई-ड्राइव के अतं गित पररव्यय में सजम्मजलत कर जलया गया ह।़ै 3. दिनांक 29 जसतंबर, 2024 के का.आ.4259(अ) और दिनांक 25 नवंबर, 2024 के का.आ.5062(अ) द्वारा यिासंिोजधत के सलं ग्नक IV की क्रम संख्या 3 को जनम्नानुसार और संिोजधत दकया िाएगा: क्र.स.ं वाहन खडं समर्िति वाहनों की अजधकतम वाहनों के जलए प्रोत्साहन*1 प्रोत्साहन कुल जनजध सख्ं या प्राप्त करन ेके सहायता जलए 1 अप्रल़ै 2024 8 नवबं र 1 अप्रल़ै 8 नवबं र (₹करोड़) अजधकतम स े 7 नवबं र 2024 स े31 2024 स े7 2024 स े31 एरस-फ़ैररी 2024 तक माच ि 2026 नवबं र 2024 माच ि 2026 मल्ू य वाहन पोििल तक वाहन तक वाहन तक वाहन पर पिं ीकृत पोििल पर पोििल पर पोििल पर वाहन पिं ीकृत वाहन पिं ीकृत वाहन पिं ीकृत वाहन 3 पंिीकृत 80,546 2,08,263 ₹5,000/ ₹2,500/ ₹5 लाख 857*2 दकलोवाि दकलोवाि ई-जतपजहया घंिा, प्रजत घंिा, एल5 वाहन अजधकतम ₹50,000 तक ₹25,000 सीजमत प्रजत वाहन तक सीजमत *1 तिाजप, प्रजत दकलोवाि घंिा प्रोत्साहन की प्रस्ट्ताजवत राजि, वाहन लागत में कमी के अनसु ार समीक्षा के अधीन ह ़ै तिा समय-समय पर तिनुसार अजधसूजचत की िाएगी। प्रोत्साहन ऊपर जनर्ििष्ट सीमा तक या ई- िपु जहया/ई-जतपजहया के एरस-फ़ैररी मूल्य के 15% तक, िो भी कम हो, सीजमत होगा। *2 ईएमपीएस-2024 के अंतगित पररव्यय को पीएम ई-ड्राइव के अतं गित पररव्यय में सजम्मजलत कर जलया गया ह।़ै 4. स्ट्कीम अजधसूचना का.आ.4259(अ) दिनांक 29 जसतंबर 2024 के प़ैरा 9 की ताजलका 1 के क्रम संख्या 2 और 3 म,ें “ई-जतपजहया: पंिीकृत ई-रररिा और ई-कािि” और “ई- जतपजहया: एल5” के जलए कुल पररव्यय क्रमिः ₹50 करोड़ और ₹857 करोड़ के रूप म ेंसंिोजधत दकया िाएगा। [फा. सं. 01(01)2024-एइआई (भाग-II)(29996)] डॉ. हनीफ कुऱैिी, अपर सजचव[भाग II—खण् ड 3(ii)] भारत का रािपत्र : असाधारण 3 MINISTRY OF HEAVY INDUSTRIES NOTIFICATION New Delhi, the 13th August, 2025 S.O. 3680 (E).— PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme 1. In partial modification of the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme which was notified by the Ministry of Heavy Industries vide S.O.4259(E) dated 29th September, 2024, and S.O. 5062(E) dated 25th November, 2024 regarding e-3 wheelers L5, the following amendments are made with effect from publication in the official gazette: 2. Sl. No. 2 of the Annexure-4 of S.O.4259(E) dated 29th September, 2024 shall stand amended as under : Sl. Vehicle Maximum number of Incentive for vehicles*1 Maximum Total No. Segment vehicles to be Ex- fund supported factory support FY 2024-25 FY 2025-26 price to from avail MHI incentive (₹ crore) 2 Registered ₹5,000/ kWh, capped ₹2,500/ kWh, capped ₹2.5 lakh 50*2 at ₹25,000 per at ₹12,500 per e- 39,034 vehicle vehicle Rickshaws & e-Cart *1 The proposed amount of incentive per kWh is, however, subject to review as per the reduction in vehicle cost and would be notified accordingly from time to time. The incentive shall be limited to as specified above or 15% of ex-factory price of e-2W/ e-3W, whichever is lower. *2 The outlay under EMPS-2024 has been subsumed within the outlay under PM E-DRIVE. 3. Sl. No. 3 of the Annexure-4 of S.O.4259(E) dated 29th September, 2024 and as amended vide S.O. 5062(E) dated 25th November, 2024 shall further stand amended as under: Sl. Vehicle Maximum number of vehicles Incentive for vehicles*1 Maximum Total No. Segment to be supported Ex-factory Fund price to avail support Vehicles Vehicles Vehicles Vehicles incentive registered on registered on registered on registered on (₹ crore) Vahan portal Vahan portal Vahan portal Vahan portal from 1st April from 8th from 1st April from 8th 2024 to 7th November 2024 2024 to 7th November 2024 November 2024 to 31st March November 2024 to 31st March 2026 2026 3 Registered 80,546 2,08,263 ₹5,000/ kWh, ₹2,500/ kWh, ₹5 lakh 857*2 capped at capped at e-3 ₹50,000 per ₹25,000 per wheelers vehicle vehicle L54 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] *1 The proposed amount of incentive per kWh is, however, subject to review as per the reduction in vehicle cost and would be notified accordingly from time to time. The incentive shall be limited to as specified above or 15% of ex-factory price of e-2W/ e-3W, whichever is lower. *2 The outlay under EMPS-2024 has been subsumed within the outlay under PM E-DRIVE. 4. At Sl. No. 2 and 3 of Table 1 of Para 9 of the Scheme notification S.O.4259(E) dated 29th September 2024, the total outlay for “e-3W: registered e-rickshaws & e-carts” and “e-3W: L5” shall stand amended as ₹50 crore and ₹857 crore, respectively. [F. No. 01(01)2024-AEI (Part-II) (29996)] Dr. HANIF QURESHI, Addl. Secy. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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