PM E Drive Scheme 2024: How to Get Subsidy and Check Vehicle List

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In 2024, the Indian government introduced the PM E Drive Scheme. The Union Cabinet of India approved the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-Drive) to encourage the use of electric vehicles. Particularly electric buses, trucks, and ambulances, and to enhance their use in the country. The PM E Drive Scheme 2024 would offer financial assistance for the purchase of electric buses, lorries, two-wheelers, and three-wheelers as well as electric ambulances. The Indian government claims that the programme does not apply to electric or hybrid vehicles. All Indian citizens who wish to take advantage of the scheme’s benefits do the online application.

PM E Drive Scheme
PM E Drive Scheme

Launch of PM E Drive Scheme

With an investment of โ‚น795 crore, the previous Ministry of Heavy Industry introduced the Faster Adoption and Manufacturing Electric Vehicles in India known as (FAME-I) to promote electric and hybrid vehicles. FAME-I was first implemented on April 1, 2015, and was to remain in effect for two years. Additionally, after a review of FAME-II and EMPS-2024, the Ministry of Heavy Industries (MHI) developed the PM E-DRIVE scheme, receiving Union Cabinet approval by the guidelines outlined in the following paragraphs. The number of vehicles and the amount spent under the EMPS-2024 are included in the PM E-DRIVE Scheme’s vehicle and expenditure totals.

Also Read: Credit Guarantee Schemeย 

Objective of PM E Drive Scheme

The PM E Drive Scheme’s primary goal is to increase the number of electric cars on Indian roads. The Indian government will also encourage the usage of more electric vehicles among its residents by offering rebates to all those who acquire them under the scheme. Additionally, the Indian government plans to install 88,500 charging stations for all-electric cars around the nation. Encouraging the usage of electric vehicles will also lead to a considerable reduction in pollution and gasoline consumption. In order for EV buyers to benefit from the program’s demand incentives, the government has also developed e-vouchers. This scheme will help in fighting the battle against pollution.

Helpful Summary of PM E Drive Scheme

Name of the schemePM E Drive Scheme
Launched byGovernment of India
Date of Launch11th September 2024
ObjectivePromote the use of electric vehicles (EVs)
BeneficiariesCitizens of India
Target VehiclesElectric two-wheelers, three-wheelers, trucks, buses, ambulances
Application ModeOnline
WebsitePM E Drive Portal

Silent Features

  • Encourage Electric Vehicles: Raise the quantity of electric cars in all areas, but particularly in public transportation.
  • Financial Incentives: Offer financial aid to entice individuals and groups to convert from gasoline-powered automobiles to electric ones.
  • Pollution Reduction: Make cities greener and cleaner by reducing the amount of air pollution from fossil fuel-powered cars.
  • Establishing Charging Stations: To encourage the broad use of EVs, 88,500 charging stations should be established across the nation.
  • Decrease Dependency on Petrol: Promote the usage of electric cars to lessen the country’s reliance on imported fuel and gasoline.
  • Promote Public Transportation: To lessen the environmental effect of public transportation, make it easier for electric buses to be used in urban areas.

Benefits of the PM E Drive Scheme

  • The Indian government will encourage people to purchase electric cars by means of this program.
  • For any Indian citizen who purchases an electric vehicle within the country, the government will also pay subsidies.
  • The Government of India will also contribute to lowering air pollution and gasoline use by encouraging electric vehicles.
  • The Government of India has allotted INR 10,900 crores for the implementation of this plan.
  • For EV consumers to take advantage of the demand incentives offered by the program; the government has developed e-vouchers.

Eligible Vehicle Categories

  • Electric two-wheelers,
  • three-wheelers,
  • trucks,
  • buses,
  • ambulances

Vehicle Segment Wise Incentives/ Grant

Vehicle TypeGrant / Demand Incentive
Electric Two-WheelersINR 3,679 crore for demand incentives across all EVs
Electric Three-WheelersPart of the INR 3,679 crore allocation
Electric AmbulancesSubsidized under the demand incentive
Electric TrucksSubsidy provided for promoting cleaner freight options
Electric BusesSpecial allocation of INR 4,391 crore for 14,028 buses

e-Voucher

  • EV users can now take advantage of the demand incentive offered by the scheme by using e-vouchers, which are being introduced by the Ministry of Heavy Industry (MHI). An e-KYC Aadhaar FACE validated e-Voucher will be generated by the scheme portal for the customer at the moment of purchase. The registered cellphone number of the customer will receive a link to download the e-voucher

Application Process

Step 1: Visit the Official Website: Go to the official website of the PM E Drive Scheme (link to be provided) to start your application process.

PM E Drive Portal
PM E Drive Portal

Step 2: Click on โ€˜Apply Hereโ€™: On the homepage, find and click the โ€œApply Hereโ€ option to begin your registration.

Step 3: Fill in the Application Form: A new page will appear where you must enter all the required details, such as your name, contact information, and vehicle preferences. Attach all necessary documents, including identification and proof of vehicle purchase.

Step 4: Review and Submit: Once all the details have been filled out, review the application form to ensure accuracy. After verifying the details, click the โ€œSubmitโ€ button.

Step 5: Confirmation: After successful submission, you will receive a confirmation message. Keep a copy of the submitted form for future reference.

Download Important Forms

Contact details

  • Dr. Hanif Qureshi, IPS Additional Secretary 
  • Helpline number:  011-23062365
  • Email:  jsauto[at]gov[dot]in
  • Address:  MHI, Udyog Bhawan, Rafi Marg
    New Delhi-110011 Room No: 126-C

FAQS

What is PM E Drive Scheme?

The PM E Drive Scheme 2024 would offer financial assistance for the purchase of electric buses, lorries, two-wheelers, and three-wheelers as well as electric ambulances.

What are the benefits of this scheme?

The Union Cabinet of India approved PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-Drive) to encourage the use of electric vehicles.

The PM E Drive Scheme 2024 was announced when?

The 11th of September 2024 saw the announcement of the PM E Drive Scheme 2024.

Which program did the PM E Drive Scheme 2024 replace?

The PM E Drive plan 2024 took the place of the FAME plan.

Which type of vehicle come under this scheme?

Electric two-wheelers, three-wheelers, trucks, buses, ambulances etc.

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