The PM E-DRIVE Scheme, replacing FAME-II with a ₹10,900 crore outlay, has driven over 22 lakh EV sales by January 2026, prioritising e-buses and two-wheelers. Aadhaar-linked e-vouchers and charging expansion improve delivery, but lithium dependence, grid greening, and infrastructure gaps demand stronger domestic manufacturing and ecosystem development.
Click to View MoreThe Union Cabinet approved the PM e-DRIVE Scheme (₹10,900 crore, 2024–26) to replace FAME-II and boost EV adoption. It offers demand incentives, charging infra support, and e-bus funding, aligns with Production Linked Incentive Scheme, cuts battery import dependence, and advances Aatmanirbhar Bharat toward the 2070 Net Zero goal.
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