PM E-DRIVE extended till Mar 2028; e-2Ws incentive capped at `5,000
12-08-2026
The government has extended the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme till March 31, 2028, and the incentives for electric two-wheelers have been halved to ₹2,500 per kWh from ₹5,000 per kWh earlier.