What is PM E-DRIVE? The Union Cabinet has approved a scheme for promotion of electric mobility in the country. The scheme has an outlay of Rs 10,900 crore over a period of two years. The Cabinet approval for the ‘PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme’ was based on a proposal by the Ministry of Heavy Industries (MHI). Demand side subsidies or incentives worth Rs 3,679 crore would be provided to incentivise e-2Ws, e-3Ws, e-ambulances, e-trucks and other emerging electric vehicles. The scheme will support 24.79 lakh e-2Ws, 3.16 lakh e-3Ws and 14,028 e-buses, a statement said.
The Ministry of Heavy Industries is introducing e-vouchers for EV buyers to avail demand incentives under the scheme. At the time of purchase of the EV, the scheme portal will generate an Aadhaar-authenticated e-voucher for the buyer. A link to download the e-voucher will be sent to the buyer’s registered mobile number.
This e-voucher will be signed by the buyer and sent to the dealer to avail the demand incentives under the plan.
The e-voucher will then be signed by the dealer and uploaded on the PM E-DRIVE portal. The signed e-voucher will be sent to the buyer and the dealer via SMS. The signed e-voucher will be essential for the car manufacturers to claim reimbursement of demand incentives under the scheme.
The scheme allocates Rs 500 crore for deployment of electric ambulances. This is a new initiative by the government to promote the use of electric ambulances. A sum of Rs 4,391 crore has been earmarked for procurement of 14,028 electric buses by public transport agencies.
CESL will take up demand aggregation in the nine cities with over 40 lakh population, namely Delhi, Mumbai, Kolkata, Chennai, Ahmedabad, Surat, Bangalore, Pune and Hyderabad. Inter-city and inter-state electric buses will also be supported in consultation with the states.
While allocating buses to cities/states, priority will be given to those city/state buses which are procured after scrapping old buses, through authorised scrapping centres (RVSF) following the guidelines of MoRTH Vehicle Scrapping Scheme.
Trucks are one of the major causes of air pollution. The scheme will promote the deployment of electric trucks in the country. Rs 500 crore has been allocated to encourage the use of electric trucks.
Incentives will be offered to those who have a scrapping certificate from vehicle scrapping centres approved by the Ministry of Transport and Tourism (RVSF). The scheme addresses the anxiety of EV buyers by promoting the installation of public electric vehicle charging stations (EVPCS) on a large scale.
These EVPCS will be installed in selected cities with high penetration of electric vehicles and also on selected highways. The plan proposes installation of 22,100 4W fast chargers for electric vehicles, 1,800 fast chargers for electric buses and 48,400 fast chargers for 2W and 3W electric vehicles. The outlay for EVPCS will be Rs 2,000 crore.
Disclaimer:
The information contained in this post is for general information purposes only. We make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the post for any purpose.
We respect the intellectual property rights of content creators. If you are the owner of any material featured on our website and have concerns about its use, please contact us. We are committed to addressing any copyright issues promptly and will remove any material within 2 days of receiving a request from the rightful owner.