Home India Ministry of Heavy Industries PM Electric Drive Revolution in Innovative Vehicle Enhanceme...
Date: 2026-08-10 Category: Extra Ordinary State: Union Government Country: India

PM Electric Drive Revolution in Innovative Vehicle Enhancement

Issued by Ministry of Heavy Industries · Not Applicable

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Executive Summary & Key Takeaways

**Executive Summary** This notification outlines amendments to the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme, which operates from 1 April 2024 to 31 March 2028 with a total outlay of ₹11,900 crore. The document details revised incentive structures for electric two-wheelers, the subsumption of the EMPS-2024 scheme, and specific segment closures. Key deadlines include a final claim submission date of 31 December 2027, with all payments ceasing by 31 March 2028. **Key Points / Main Content** * **Scheme Scope and Implementation** * The scheme aims to accelerate electric vehicle (EV) adoption, establish charging infrastructure, and develop the domestic EV manufacturing ecosystem. * The Electric Mobility Promotion Scheme (EMPS-2024), active from April to September 2024, is now subsumed under PM E-DRIVE. * The total payout is strictly limited to the ₹11,900 crore budget; the scheme or its components will close early if funds are exhausted before 31 March 2028. * **Incentives for Registered Electric 2-Wheelers (e-2Ws)** * **Financial Allocation:** A total of ₹2,767 crore is earmarked to support a maximum of 45,79,120 vehicles. * **FY 2024-25 Rate:** Incentives are set at ₹5,000 per kWh, capped at ₹10,000 per vehicle. * **FY 2025-26 to FY 2027-28 Rate:** Incentives reduce to ₹2,500 per kWh, capped at ₹5,000 per vehicle. * **Eligibility Caps:** Incentives apply only to vehicles with a maximum ex-factory price of ₹1.5 lakh and are limited to the specified cap or 15% of the ex-factory price, whichever is lower. * **Administrative and Segment Updates** * **Administrative Budget:** ₹55 crore is allocated for administrative expenses, with flexibility to shift funds between various administrative sub-heads. * **e-3W (L5) Segment Closure:** The target for registered e-3W (L5) vehicles was achieved early, resulting in the closure of this segment on 26 December 2025. * **Claim Submission Deadlines** * The terminal date for all scheme segments is 31 March 2028. * The final deadline to submit claims to the Ministry of Heavy Industries (MHI) or the Project Management Agency (PMA) is 31 December 2027. **Impact Analysis** **Electric 2-Wheeler Manufacturers (OEMs)** **Impact:** They benefit from a dedicated ₹2,767 crore fund but face a 50% reduction in the maximum per-vehicle incentive starting 1 April 2025. **Action Required:** Manufacturers must ensure vehicle pricing remains below the ₹1.5 lakh ex-factory limit to remain eligible and must finalize all incentive claims before the December 2027 deadline. **Electric 3-Wheeler (L5) Manufacturers** **Impact:** This specific segment has been closed as of December 2025 due to meeting target sales. **Action Required:** No further claims for this category will be entertained; manufacturers must look to other applicable schemes or components if available. **Ministry of Heavy Industries (MHI) / Project Management Agency (PMA)** **Impact:** Responsible for managing the fund-limited budget and ensuring administrative costs stay within the ₹55 crore provision. **Action Required:** They must monitor fund exhaustion levels and ensure all disbursements are completed by the terminal date of 31 March 2028.

Key Entities Referenced

PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme: A central government initiative with a ₹11,900 crore outlay aimed at accelerating electric vehicle (EV) adoption, establishing charging infrastructure, and developing the domestic EV manufacturing ecosystem. Electric Mobility Promotion Scheme 2024 (EMPS-2024): A scheme implemented between April and September 2024 that has been subsumed into the broader PM E-DRIVE Scheme. Ministry of Heavy Industries: The primary central ministry responsible for the implementation, funding, and regulatory oversight of the PM E-DRIVE and EMPS-2024 schemes. S.O. 4259(E): The foundational policy notification dated 29th September 2024 that officially established the PM E-DRIVE Scheme.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-10082026-275344 CG-DxLx-xEG-I1D0H0x8x2x0 26-275344 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.ं 4246] नई दिल्ली, सोमवार, अगस्ट्त 10, 2026/श्रावण 19, 1948 No. 4246] NEW DELHI, MONDAY, AUGUST 10, 2026/SHRAVAN 19, 1948 भारी उद्योग मत्रं ालय अजधसचू ना नई दिल्ली, 10 अगस्ट् त, 2026 का.आ. 4424(अ).— पीएम इलेजररक ड्राइव ररवोल्यूिन इन इनोवेरिव व्हीकल एनहांसमेंि (पीएम ई-ड्राइव स्ट्कीम) 1. भारी उद्योग मंत्रालय द्वारा दिनांक 29 जसतम्बर, 2024 के सां.आ. 4259(ई) के माध्यम स ेअजधसूजचत पीएम इलेजररक ड्राइव ररवोल्यूिन इन इनोवेरिव व्हीकल एनहांसमेंि स्ट्कीम (पीएम ई-ड्राइव) म ेंआंजिक संिोधन करत े हुए, इस अजधसूचना के रािपत्र म ें प्रकािन की जतजि स े जनम्नजलजखत संिोधन दकए िात े ह: ैं 2. दिनांक 29 जसतम्बर, 2024 के सां.आ. 4259(ई) की स्ट्कीम अजधसूचना के परै ा 5, जिसे दिनाकं 7 अगस्ट्त, 2025 के सां.आ. 3626(ई) के माध्यम स े संिोजधत दकया गया िा, को जनम्नानुसार पनु ः संिोजधत दकया िाता ह: ै ₹11,900 करोड़ के पररव्यय वाली पीएम ई-ड्राइव स्ट्कीम का कायाानवयन दिनांक 01 अप्रलै , 2024 से 31 माच,ा 2028 तक दकया िा रहा ह,ै तादक ईलेजररक वाहनों (ईवी) को तेिी स े अपनान े के जलए प्रोत्साजहत दकया िा सके, चार्िगिं इंफ्रास्ट्ररचर की स्ट्िापना की िा सके तिा ििे म ें ईवी जवजनमााण पाररतत्रं का जवकास दकया िा सके। दिनांक 01 अप्रलै , 2024 स े 30 जसतम्बर, 2024 के िौरान कायााजनवत ईएमपीएस-2024 को इस स्ट्कीम म ें समाजहत कर दिया गया ह।ै 6157 GI/2026 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] 3. दिनांक 29 जसतम्बर, 2024 के सां.आ. 4259(ई) के अनुलग्नक- 4 की क्रम संख्या 1, जिसे दिनांक 27 माच,ा 2026 के सां.आ. 1617(ई) द्वारा संिोजधत दकया गया िा, को जनम्नानसु ार पुनः संिोजधत दकया िाता ह: ै क्रम वाहन समिान हते ु वाहनों हते ु प्रोत्साहन*1 प्रोत्साहन प्राप्त एमएचआई से सं. श्रेणी वाहनों की जवत्त वर्ा 2024-25 01.04.2025 करने हते ु कुल जनजध अजधकतम संख्या अजधकतम एरस- सहायता से फैररी मूल्य (₹ करोड़ में) 31.03.2028 1 पंिीकृत ई- 45,79,120 ₹5,000 प्रजत ₹2,500 प्रजत दकलोवाि 1.5 लाख 2,767*2 िपु जहया दकलोवाि घंिा, प्रजत घंिा, प्रजत वाहन वाहन वाहन अजधकतम सीमा अजधकतम सीमा ₹10,000 ₹5,000 *1 तिाजप, प्रजत दकलोवाि-घंिा प्रस्ट्ताजवत आर्िाक प्रोत्साहन वाहन लागत में कमी के अनुसार समीक्षा के अधीन होगी तिा समय-समय पर तिनुसार अजधसूजचत की िाएगी। प्रोत्साहन राजि उपयुाक्त जनर्िाष्ट राजि अिवा ई-िपु जहया/ई-जतपजहया के एरस-फैररी मूल्य के 15% म ेंस े िो भी कम हो, तक सीजमत होगी। *2 ईएमपीएस-2024 के अंतगता पररव्यय को पीएम ई-ड्राइव के अंतगात पररव्यय म ें समाजहत कर दिया गया ह।ै 4. दिनांक 29 जसतंबर 2024 के सा.आ. 4259(ई) के परै ा 9 की ताजलका-1 म,ें ई -2 पजहया के जलए कुल खचा ₹2,767 करोड़ होगा। इसके अलावा, प्रिासजनक व्यय के जलए ₹55 करोड़ का प्रावधान होगा, जिसमें प्रिासजनक व्यय के तहत अलग-अलग उप-घिकों के बीच खचों को आपस में समायोजित करन े की सुजवधा होगी। 5. दिनांक 29 जसतम्बर, 2024 के सां.आ. 4259(ई) द्वारा अजधसूजचत स्ट्कीम के पैरा 46, जिसे दिनांक 7 अगस्ट्त, 2025 के सां.आ. 3626(ई) तिा दिनाकं 27 माच,ा 2026 के सां.आ. 1617(ई) द्वारा संिोजधत दकया गया िा, को जनम्नानुसार पुन: संिोजधत दकया िाता ह:ै यह एक जनजध-सीजमत स्ट्कीम ह।ै इस स्ट्कीम के अंतगात कुल भगु तान ₹11,900 करोड़ तक सीजमत होगा। यदि स्ट्कीम की अंजतम जतजि अिाात् 31 माच,ा 2028 स े पूवा स्ट्कीम या इसके संबंजधत उप-घिकों के जलए उपलब्ध जनजध समाप्त हो िाती ह,ै तो स्ट्कीम अिवा इसके संबंजधत उप-घिकों को तिनुसार बंि कर दिया िाएगा, अिाात ् इसके पश्चात दकसी भी अजतररक्त िावे पर जवचार नहीं दकया िाएगा। इसके अजतररक्त, उप-घिक पंिीकृत ई-जतपजहया (एल5) के जलए जनधााररत जबक्री लक्ष्य पहले ही प्राप्त दकया िा चुका ह,ै अतः इस खडं को दिनांक 26 दिसम्बर, 2025 को बंि कर दिया गया ह,ै जिसकी सूचना भारी उद्योग मंत्रालय के कायाालय ज्ञापन संख्या एफ.स.ं 1(1)/2024-एईआई (भाग-II) (29996), दिनांक 23 दिसम्बर, 2025 के माध्यम स े पहले ही िी िा चुकी ह।ै चूंदक 31 माच ा2028 इस स्ट्कीम के सभी जहस्ट्सों के जलए अंजतम जतजि ह,ै इस जतजि के बाि एमएचआई/पीएमए की ओर स े कोई भगु तान नहीं दकया िाएगा। इसजलए, स्ट्कीम के दकसी भी जहस्ट्स े के जलए एमएचआई/पीएमए को कोई भी िावा िमा करन े की अंजतम जतजि 31 दिसंबर 2027 होगी। [फा. सं. 1(1)/2024- एईआई (28077)] डॉ. हनीफ कुरैिी, अपर सजचव[भाग II—खण् ड 3(ii)] भारत का रािपत्र : असाधारण 3 MINISTRY OF HEAVY INDUSTRIES NOTIFICATION New Delhi, the 10th August, 2026 S.O. 4424(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, the following amendments are made with effect from date of publication in the official gazette: 2. Para 5 of the Scheme notification of S.O. 4259(E) dated 29th September 2024 & as amended vide S.O. 3626(E) dated 7th August 2025, shall stand further amended as under: The PM E-DRIVE Scheme, with an outlay of ₹11,900 crore, is being implemented from 1st April 2024 till 31st March 2028, for faster adoption of electric vehicles (EVs), setting up of charging infrastructure and development of EV manufacturing eco-system in the country. The EMPS-2024 implemented during 1st April 2024 to 30th September 2024 was subsumed under this Scheme. 3. Sl. No. 1 of the Annexure-4 of S.O. 4259(E) dated 29th September 2024 & as amended vide S.O. 1617(E) dated 27th March, 2026 shall stand further amended as under: Sl. Vehicle Maximum Incentive for vehicles*1 Maximum Total No. Segment number of FY 2024-25 01.04.2025 to Ex-factory fund vehicles to be 31.03.2028 price to support supported avail from incentive MHI (₹ crore) 1 Registered 45,79,120 ₹5,000/ kWh, capped ₹2,500/ kWh, capped at ₹1.5 lakh 2,767*2 e- at ₹10,000 per ₹5,000 per vehicle 2 wheelers vehicle *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. In Table-1 of para 9 of S.O. 4259(E) dated 29th September 2024, the total outlay for e-2Ws shall be ₹2,767 crore. Further, the outlay for Admin Expenses shall be ₹55 crore along with fungibility of expenses within various sub-heads under admin expenses. 5. Para 46 of the Scheme notification of S.O. 4259(E) dated 29th September 2024 and as amended vide S.O. 3626(E) dated 7th August 2025 & vide S.O. 1617(E) dated 27th March, 2026, shall stand further amended as under: This is a fund-limited scheme. Total payout under the Scheme shall be limited to the scheme outlay of ₹11,900 crore. In case the funds for the Scheme or its relevant sub-components are exhausted prior to the terminal date of the Scheme i.e. 31st March 2028, then the Scheme or its relevant subcomponents will be closed accordingly i.e. no further claims will be entertained. Further, as the target sales for sub-component registered e-3W (L5) has already been achieved, this segment was closed on 26th December 2025, as already advised vide MHI’s O.M. F.No. 1(1)/2024-AEI (PartII) (29996) dated 23rd December 2025. Since 31st March 2028 is the terminal date for all segments under the Scheme no payments will be made by MHI/ PMA after this date. Therefore, the last date for submission of any claim to MHI/PMA for any scheme component shall be 31st December 2027. [F. No. 1(1)/2024-AEI (28077)] 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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