PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme - Ministry of Heavy Industries | Current Affairs | Vision IAS

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PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme

Updated: 16 Oct 2025
Ministry: Ministry of Heavy Industries
Beneficiary: Miscellaneous

Overview

The PM E-DRIVE Scheme (2024–26) is a Central Sector initiative to accelerate electric vehicle adoption, develop charging infrastructure, and strengthen India’s EV manufacturing ecosystem.

Quick Facts 

  • Purpose: Accelerate EV adoption, build charging infrastructure, and enhance the EV manufacturing ecosystem.
  • Type: Central Sector Scheme.
  • Tenure: October 2024-March 31, 2026
  • Target: Incentivize e-2Ws, e-3Ws, e-ambulances, e-trucks, and e-buses

Objective

  • It aims for faster adoption of electric vehicles (EVs), setting up of charging infrastructure and development of EV manufacturing eco-system in the country.

Salient Features

  • Components:
    • Subsidies: Demand incentives for EVs like e-2Ws, e-3Ws, e-ambulances, e-trucks, and other emerging EV categories.
    • Grants for Capital Assets: Funding for electric buses (e-buses), establishment of charging infrastructure, and modernization of MHI testing agencies.
    • Administrative Support: Information, Education & Communication (IEC) activities and fees for the Project Management Agency (PMA).
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  • Demand Incentives: Directly reduce the upfront cost of EVs for consumers at the point of purchase.
  • E-Voucher System: Aadhaar-based e-KYC authenticated e-vouchers for availing incentives.
  • Sustainability and Safety:
    • All eligible EVs must meet performance and safety criteria.
    • Promotes advanced batteries and scrapping of old vehicles.
  • Subsumed Electric Mobility Promotion Scheme (EMPS) 2024: Implemented for the period of 06 months, from 01.04.2024 to 30.09.2024, is subsumed in the PM E-DRIVE scheme.