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India Hits the EV Accelerator: PM E-DRIVE and PLI Schemes Gear Up for a Fully-Charged Future

In what can only be described as a full-throttle push toward an electrifying future, the Government of India has rolled out a one-two punch to turbocharge the country’s electric vehicle ecosystem — and no, this isn’t just another battery-powered buzzword bingo.

The first spark comes from the PM E-DRIVE (Electric Drive Revolution in Innovative Vehicle Enhancement) Scheme, notified on September 29, 2024. With an outlay of ₹10,900 crore for two years, the scheme is less about silent cars and more about loud intent.

Consumers, rejoice! ₹3,679 crore has been allocated to make EV ownership feel like less of a “status symbol” and more of a “smart decision.” Whether you ride on two wheels, three, four, or even drive an electric ambulance (because emergencies should also go green), there’s upfront subsidy juice waiting for you at the checkout.

The scheme isn’t just about buying vehicles—it’s building the whole ecosystem:

  • ₹4,391 crore for 14,028 e-buses, so your morning commute might soon be zero-emission and slightly more punctual.
  • ₹2,000 crore for EV charging stations, because pushing your EV to the nearest socket is not a sustainable exercise plan.
  • ₹780 crore for testing agency upgrades—yes, even the crash test dummies are getting smarter now.

But wait, there’s more torque!

On the manufacturing side, the PM E-DRIVE scheme insists on “Make in India, Not Import from Everywhere,” via a Phased Manufacturing Programme. It’s like Indian Idol, but for EV components — only local talent gets the golden buzzer.

Enter the PLI (Production Linked Incentive) Scheme for Automobiles and Auto Components—a ₹29,576 crore blockbuster that’s already created nearly 45,000 jobs. Under this scheme, auto manufacturers can earn up to 18% incentives for selling advanced automotive technology (AAT) vehicles. The catch? Your components better have at least 50% Desi DNA.

Special love has been reserved for battery manufacturers through the PLI Advance Chemistry Cell Scheme, because no one wants their EV powered by technology older than their smartphone.

As of mid-July 2025, 106 Domestic Value Addition (DVA) certificates have been issued. It’s safe to say the domestic automotive supply chain isn’t just being strengthened—it’s being gym-trained for the EV Olympics.

There’s no rural-urban divide here—both schemes are pan-India, proving that whether you’re zipping through Mumbai traffic or dodging cows in rural Punjab, the electric revolution is coming for you equally.

Minister of State for Steel and Heavy Industries, Bhupathiraju Srinivasa Varma, delivered this shockingly detailed charge sheet in a written reply to the Lok Sabha, ensuring Parliament got more current than a Tesla battery.

Sl. No.SegmentTotal Subsidy Amount (Rs. crore)No. of EVs
1.e-2Ws1,77224.79 lakh
2.e-3Ws9073.15 lakh
3.e-ambulances500
4.e-trucks5005,643
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