PM E-DRIVE Scheme Extended Till March 2028: Focus on E-Trucks, E-Buses, and Testing Infrastructure
New Delhi, August 8, 2025 — The Ministry of Heavy Industries has officially extended the tenure of the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme by two years, pushing its implementation deadline from March 31, 2026 to March 31, 2028. The announcement was made by Shri H.D. Kumaraswamy, Hon’ble Minister of Heavy Industries.
Scheme Overview
- Launch Date: September 29, 2024
- Original Duration: 2 years
- Revised Duration: 4 years (till March 31, 2028)
- Total Outlay: ₹10,900 crore (unchanged)
- Terminal Date for e-2W, e-rickshaws, e-carts, and e-3W (L5): Remains March 31, 2026
Why the Extension?
The extension primarily addresses the unique challenges faced by:
- E-Trucks: Still in early development; commercial production needs more time.
- E-Buses: Backed by ₹4,391 crore for 14,028 units, with milestone-based disbursements post-March 2026.
- Testing Agencies: Require extended timelines for equipment procurement, evaluation, and commissioning to uphold safety and quality standards.
Strategic Goals
Under the leadership of Prime Minister Shri Narendra Modi, the PM E-DRIVE Scheme aims to:
- Accelerate EV adoption across India
- Strengthen charging infrastructure
- Promote Make in India via the Phased Manufacturing Programme
- Enhance the EV manufacturing ecosystem
Fund-Limited Framework
The scheme remains fund-limited, capped at ₹10,900 crore. If funds are exhausted before March 31, 2028, the scheme or its sub-components will be closed, and no further claims will be entertained.
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