Cabinet approves PM E-Drive scheme with Rs 10,900 crore outlay to promote electric mobility
The Union Cabinet on Wednesday approved a new scheme to promote electric vehicles in India. The scheme, called PM Electric Drive Revolution In Innovative Vehicle Enhancement (PM E-DRIVE), will replace the existing FAME programme that ran for nine years till March. However, under the scheme there is no support for electric cars. It has also excluded hybrid cars contrary to expectations.
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