Section

Electric two-wheeler buyers can avail subsidy of up to Rs 10,000 in first year of PM E-DRIVE, says Union Heavy Industries Minister HD Kumaraswamy

By Economic Times - 7 days ago
The PM E-DRIVE Scheme will offer electric two-wheeler buyers a subsidy of up to Rs 10,000 in the first year, reducing to Rs 5,000 in the second year. E-rickshaw buyers can avail benefits of Rs 25,000 initially and Rs 12,500 later. The scheme aims to support millions of electric vehicles and includes stringent measures to prevent misuse.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.