*New Delhi, September 11, 2024* – In a significant move to promote electric mobility across the country, the Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the Ministry of Heavy Industries’ (MHI) ambitious “PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE)” Scheme. The scheme aims to revolutionize the electric vehicle (EV) sector by offering extensive demand incentives to accelerate the adoption of electric two-wheelers (e-2Ws), three-wheelers (e-3Ws), e-ambulances, e-trucks, and emerging EV technologies.With a total outlay of ₹10,900 crore over a two-year period, the PM E-DRIVE Scheme seeks to create a robust ecosystem for electric mobility in India. Demand incentives worth ₹3,679 crore have been earmarked under the scheme to incentivize the purchase of various categories of electric vehicles. Focus on Electric Vehicle CategoriesThe scheme is designed to provide direct benefits to:- **24.79 lakh e-2Ws**- **3.16 lakh e-3Ws**- **14,028 e-buses**### E-Voucher System for Easy Access to IncentivesA unique feature of the PM E-DRIVE Scheme is the introduction of Aadhaar-authenticated e-vouchers for EV buyers. Upon purchasing an electric vehicle, the buyer will receive an e-voucher via the scheme portal. This voucher, linked to the buyer’s Aadhaar and mobile number, will serve as proof of eligibility for demand incentives.The move is seen as a part of the government’s larger vision of reducing vehicular emissions and promoting sustainable transportation solutions. By enhancing the affordability and availability of EVs, the scheme is expected to play a key role in India’s transition towards a greener future.The PM E-DRIVE Scheme is poised to boost the EV industry, promote cleaner energy use, and reduce dependence on fossil fuels while contributing to India’s climate goals.