September 26, 2024
PM e-Drive Scheme: Accelerating India's Shift to Electric Mobility
The PM Electric Drive (e-Drive) Scheme, launched by the Government of India, aims to accelerate the electrification of urban transport and commercial logistics, focusing on two-wheelers, three-wheelers, electric buses, trucks, and ambulances. It promotes fast-charging infrastructure to address range anxiety and introduces digital incentives like e-vouchers for efficient distribution.
The scheme is expected to
- Provide certainty for manufacturers
- Boost the auto component industry
- reduce fossil fuel dependency
- Lower pollution in urban areas, transforming India's urban mobility
- Pave the way for a greener future.
In this article we analyze the key features of the scheme and the potential impact on the green mobility sector.
