Govt halves e2W subsidy to ₹5k, extends PM E-DRIVE scheme till March 2028
· business-standard.com
Electric 2-wheeler incentive halved to ₹2,500/kWh, capped at ₹5,000 per vehicle; overall scheme outlay remains unchanged at ₹11,900 crore
The government has extended the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) scheme by a year to March 31, 2028. The incentives f...