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PM EDRIVE SCHEME
E-Ambulances will get up to 35% PM E-DRIVE subsidyThe government will subsidise electric ambulances. This support is up to 35% of the ex-factory price. Rs 500 crore is allocated for 3,811 e...
India's climate tech funding rose from USD 315 million to USD 2.6 billion in 5 years: ReportIndian climate tech funding saw a massive jump. Investments are now focused on electric vehicles, renewable energy, and infrastructure for ...
India's climate-tech funding reaches $12.8 billion across 1,583 startups & 17 yearsIndia's climate-tech sector has attracted significant investment, with startups raising $12.8 billion by June 2026. Driven by decarbonisati...
Ather Energy shares can rally till Rs 1,450, says CLSA, citing twin engineCLSA sees nearly 60% upside in Ather Energy, initiating coverage with an “Outperform” rating and a Rs 1,450 target. The brokerage cites a “...
India to strengthen EV shield against oil imports with fresh subsidies: ReportThe government is set to significantly boost subsidies for electric two-wheelers. This move under the PM E-Drive scheme aims to promote cle...
Targeting 30 pc EV sales by 2030, Bihar govt nod to policy amendmentsBihar is boosting electric vehicle adoption. The state government aims for 30 percent of new vehicle sales to be electric by 2030. Incentiv...
Andhra Pradesh govt notifies five model e-mobility cities under EV policy 4.0Andhra Pradesh has launched its Sustainable Electric Mobility Policy 4.0. Five cities, Visakhapatnam, Rajahmundry, Vijayawada, Nellore, and...
No serious LPG supply shortage reported by auto component makers so far, says govtAddressing an inter-ministerial briefing here on the recent developments in West Asia, Additional Secretary in the Ministry of Heavy Indust...
Metros' snub may force e-bus sops shift to intracity serviceThe Centre is considering subsidizing nearly 4,000 electric buses for interstate or intracity routes after Chennai, Mumbai, and Kolkata opt...
India’s new super app for EV users: All you need to knowThe Indian government plans a unified “Super App” for EV users, led by BHEL, offering real-time charging bookings, payments, and live updat...
PM’s e-Drive: Bengaluru’s gets lion’s share of e-buses, Hyderabad & Delhi get 2000 plus busesThe Centre will provide electric buses to several cities. Bengaluru will receive approximately 4500 buses. Hyderabad and Delhi will get ove...
PM E-DRIVE sops may run out sooner than expectedThe Indian government anticipates that subsidies for electric two-wheelers and three-wheelers under the PM E-DRIVE scheme will be depleted ...
E-bus subsidy maybe cut for wider runThe government might reduce the per unit subsidy for electric buses under the PM E-Drive scheme to expand coverage without raising the budg...
Spectacular jump in electric vehicle sales under PM E-DRIVE schemeIndia's electric vehicle (EV) market is experiencing a boom, fueled by the PM E-DRIVE scheme. The initiative, running until March 2026, has...
ET Impact: Subsidy partly restored for cargo electric 3-wheelersThe government has reinstated subsidies for electric three-wheeler cargo vehicles at a reduced rate, following the early achievement of sal...
PM E-DRIVE: Component suppliers can now be inspected under new EV policyThe government has imposed stricter localisation rules for EV manufacturers under the PM E-DRIVE scheme. EV parts must be domestically proc...
Govt launches PM E-DRIVE subsidy scheme with Rs 10,900 cr outlayThe government has introduced the PM E-DRIVE Scheme to encourage electric vehicles' adoption and infrastructure development. The scheme wil...
PM E-DRIVE: Centre notifies Rs 10,900 crore EV subsidy schemeThe government has introduced the PM E-DRIVE scheme with an outlay of ?10,900 crore, effective from October 2024 to March 2026. This initia...
PM E-Drive scheme to have phased manufacturing plan to push EV parts productionThe Prime Minister's E-DRIVE scheme will support local manufacturing of electric vehicle components through a phased manufacturing programm...
PM e-drive scheme to aid in faster adoption of EVs: M&M, Tata MotorsIndian auto giants Mahindra & Mahindra and Tata Motors have praised the PM e-drive scheme, which aims to boost electric vehicle adoption wi...