Automotive & Parts #electric vehicles#two-wheelers
India Extends Electric Two-Wheeler Subsidies Till March 2028, Caps Incentive at Rs 5,000
India has extended electric two-wheeler incentives under the PM E-DRIVE scheme until March 31, 2028, offering Rs 2,500 per kWh capped at Rs 5,000 per vehicle. The government is also working on interest-subvention and credit-guarantee mechanisms to close the financing-cost gap for electric trucks.
Aug 12, 2026 1 source