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Centre Withdraws Electric Three-wheeler Subsidies Under PM E-Drive

Move reflects segment maturity as Centre shifts EV incentives towards categories with lower adoption and higher transition costs The Union government has withdrawn demand incentives for electric three-wheelers under the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-Drive) scheme after the segment achieved targeted adoption levels. According to official’s familiar with the matter, […]

NITI Aayog Unveils India Electric Mobility Index To Track States’ EV Progress

New tool benchmarks states on transport electrification, charging infrastructure, innovation NITI Aayog has launched the India Electric Mobility Index (IEMI) a first of its kind framework to assess and benchmark the performance of states and Union Territories (UTs) in achieving their electric mobility targets. The IEMI evaluates all states and UTs on a 100-point scale […]

Transition Over Seven Years: 800,000 Buses To Shift From Diesel To Electric

Estimates suggest a capital investment of Rs 1.2–1.5 trillion may be required to roll out 100,000 electric buses at current prices   The government recently disclosed intentions to replace 800,000 diesel buses—roughly one-third of the whole bus fleet—with electric vehicles (EVs) over the course of the next seven years as part of a significant environmentally conscious […]