Home India Ministry of Heavy Industries SCHEME TO PROMOTE MANUFACTURING OF ELECTRIC PASSENGER CARS...
Date: 2026-02-13 Category: Press Release State: Union Government Country: India

SCHEME TO PROMOTE MANUFACTURING OF ELECTRIC PASSENGER CARS

Issued by Ministry of Heavy Industries · Not Applicable

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Executive Summary & Key Takeaways

The Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI) was notified on 15.03.2024 to attract global investments, promote India as a manufacturing hub for electric vehicles (e-4Ws) and boost Domestic Value Addition (DVA). The application window was open until 21.10.2025, however no applications were received. As per the scheme guidelines, approved applicants are required to achieve a DVA of minimum 25% by the end of the 3rd year and minimum 50% by the end of the 5th year for e-4W manufactured in their facilities. The monitoring of DVA certificate obtained by the approved applicant is done by Testing Agencies of MHI. The release ID is 2227599 and the visitor counter reads 85. This information was given by the Minister of State for Heavy Industries, Shri Bhupathiraju Srinivasa Varma in a written reply in the Rajya Sabha. This release is also available in Urdu and Hindi. The policy was posted on 13 FEB 2026 at 5:02PM by PIB Delhi.

Key Entities Referenced

Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI): A scheme to attract global investments and promote India as a manufacturing hub for electric vehicles (e-4Ws), boosting Domestic Value Addition (DVA). Ministry of Heavy Industries: The ministry providing information about the SPMEPCI scheme.
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Ministry of Heavy Industries SCHEME TO PROMOTE MANUFACTURING OF ELECTRIC PASSENGER CARS Posted On: 13 FEB 2026 5:02PM by PIB Delhi Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI) was notified on 15.03.2024 to attract global investments, promote India as a manufacturing hub for electric vehicles (e- 4Ws) and boost Domestic Value Addition (DVA). The application window was open till 21.10.2025, however no applications were received. As per the scheme guidelines, approved applicant is required to achieve a DVA of minimum 25% by end of 3rd year and minimum 50% by end of 5th year for the e-4W manufactured in its facilities. The monitoring of DVA certificate obtained by approved applicant is done by Testing Agencies of MHI. This information was given by the Minister of State for Heavy Industries, Shri Bhupathiraju Srinivasa Varma in a written reply in the Rajya Sabha. ***** TPJ (Release ID: 2227599) Visitor Counter : 85 Read this release in: Urdu , ही

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