The 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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