PM E-DRIVE scheme extended by two years to 31 March 2028
The Ministry of Heavy Industries on 8 August 2025 extended the PM E-DRIVE scheme by two years, from 31 March 2026 to 31 March 2028, within the same outlay of ₹10,900 crore; support for e-2Ws, e-rickshaws and e-3Ws still ends on 31 March 2026.
Summary
The PM E-DRIVE scheme of the Ministry of Heavy Industries was extended by two years on 8 August 2025, from 31 March 2026 to 31 March 2028, within its original outlay of ₹10,900 crore. Notified on 29 September 2024, the scheme supports electric mobility; the extension is meant for e-trucks, e-buses and testing agencies, while the terminal date for registered e-2Ws, e-rickshaws and e-carts, and e-3Ws (L5) stays 31 March 2026. E-buses have an allocation of ₹4,391 crore for deploying 14,028 units, with a post-selection process from March 2026 and milestone-linked grants.
Key facts
- Extended on
- 8 Aug 2025, Ministry of Heavy Industries
- New end date
- 31 Mar 2028 (was 31 Mar 2026)
- Outlay
- ₹10,900 crore, unchanged
- Notified
- 29 Sep 2024
- Extension for
- e-trucks, e-buses, testing agencies
- Unchanged end (31 Mar 2026)
- e-2W, e-rickshaw/e-cart, e-3W (L5)
- E-buses
- ₹4,391 crore for 14,028 units
Practice MCQs 3 questions
Till when has the PM E-DRIVE scheme been extended, as announced in August 2025?
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Correct answer: A — 31 March 2028
The Ministry of Heavy Industries extended the PM E-DRIVE scheme by two years, from 31 March 2026 to 31 March 2028.
What is the total outlay of the PM E-DRIVE scheme, which was kept unchanged when the scheme was extended in August 2025?
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Correct answer: A — ₹10,900 crore
The scheme was originally notified on 29 September 2024 with an outlay of ₹10,900 crore, and the extension is within the same outlay.
Consider the following statements about the extension of the PM E-DRIVE scheme in August 2025: 1. Support for registered electric two-wheelers will also continue till 31 March 2028. 2. The extension is meant for e-trucks, e-buses and testing agencies. Which of the above is/are correct?
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Correct answer: B — 2 only
Statement 1 is incorrect: the terminal date for registered e-2Ws, e-rickshaws and e-carts, and e-3Ws (L5) remains 31 March 2026. Statement 2 is correct: the extension to 31 March 2028 is for e-trucks, e-buses and testing agencies.