The Ministry of Heavy Industries (MHI) has revised the guidelines under the PM E-DRIVE initiative, extending subsidy timelines and increasing targets for electric vehicles, particularly electric two- and three-wheelers
According to an official notification, E2Ws registered till July 31, 2026, will be eligible for incentives, while E3Ws will continue to receive subsidies till March 31, 2028
Subsidies will be linked to battery capacity, with E2Ws eligible for up to ₹5,000 per kWh, capped at ₹10,000 per vehicle
The…

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