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Scheme (under Ministry of Heavy Industries) is approved with outlay of Rs 10,900 crore for 2 years for promotion of electric mobility in India.
- It is said to replace the flagship Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) programme.
- Additionally, Cabinet has also approved PM-eBus Sewa-Payment Security Mechanism (PSM) scheme for procurement and operation of e-buses.
Major Components of PM E-DRIVE Scheme
- Subsidies/Demand incentives to incentivize e-2Ws, e-3Ws, e-ambulances, e-trucks and other emerging EVs.
- Installation of Electric vehicle public charging stations (EVPCS) in selected cities and on selected highways.
- Provision for procurement of e-buses by public transport agencies through Convergence Energy Services Limited (CESL).
- Test agencies to be modernized to deal with the new and emerging technologies to promote green mobility.
Significance of the scheme
- Promote the deployment of e-trucks in the country.
- Promotes mass mobility by supporting means of public transportation
- Reduce the environmental impact of transportation and improve air quality
- Incorporates phased manufacturing programme (PMP) which encourages domestic manufacturing and supply chain.
Challenges in promoting EV
- Much of India's electricity is generated from burning coal.
- Underdeveloped Charging infrastructure.
- Suboptimal Battery Technology
Other Initiatives taken in EV Sector
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