PM E-DRIVE Scheme: Govt Disburses Rs 1,634.62 Crore till Nov 2025, e-Ambulance Support Extended till 2028

As per information shared by the Ministry of Heavy Industries, a total subsidy amount of Rs 1,634.62 crore has been disbursed under the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme till November 23, 2025.

An allocation of Rs 500 crore has been made specifically for electric ambulances under the scheme. Stakeholder consultations have already been conducted for framing the operational guidelines. The scheme has been extended till March 31, 2028, for e-ambulances and some other segments. However, the terminal date remains March 31, 2026, for electric two-wheelers and three-wheelers.

The PM E-DRIVE scheme has set aside Rs 2,000 crore for the development of public electric vehicle charging infrastructure (EVPCI). As of November 23, 2025, no grants have been released under this component. Two oil marketing companies have submitted proposals for setting up charging stations under the scheme. Guidelines for EV charging infrastructure have been notified and shared with all state governments and Union Territories to support implementation and access.

As of November 23, 2025, 1,500 electric buses have been allocated to Mumbai and 2,800 to Delhi. In Maharashtra, an additional 1,000 electric buses have been allocated to Pune.

The Ministry of Heavy Industries (MHI) issued a notification on August 7, 2025, amending the PM E-DRIVE scheme. Originally notified on September 29, 2024, the scheme is now effective from October 1, 2024, to March 31, 2028, with a total budget outlay of Rs 10,900 crore.

The Electric Mobility Promotion Scheme (EMPS-2024), which was in effect from April 1 to September 30, 2024, has been merged into the PM E-DRIVE scheme. For registered electric two-wheelers, e-rickshaws, e-carts and electric three-wheelers in the L5 category, incentives can be availed only until March 31, 2026, even though the main scheme runs till 2028.

The Ministry has clarified that once the total scheme outlay of Rs 10,900 crore or the respective segment allocations are exhausted, no further claims will be accepted, even if the terminal date has not been reached.

In April, the Ministry of Heavy Industries released electric vehicle sales data for FY2024–25. Sales of electric two-wheelers stood at 11,49,334 units, marking a 21 percent increase over FY2023–24. Electric three-wheeler sales in the L5 category reached 1,59,235 units, registering a 57 percent year-on-year increase.

Bharath Rao, Co-Founder and CEO, Emobi, said, "The extension of the PM E-DRIVE scheme till 2028 is a very encouraging step for India’s EV adoption. It reinforces the government’s long-term commitment to cleaner mobility. At Emobi, this gives us greater confidence to scale our electric two-wheeler production and support more riders in choosing cost-efficient and sustainable transport. We truly appreciate this support, which will help accelerate EV adoption across the country."