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REGD. No. D. L.-33004/99
The Gazette of India
CG-DL-E-10082026-275344
EXTRAORDINARY
PART II—Section 3—Sub-section (ii)
PUBLISHED BY AUTHORITY
No. 4246]
NEW DELHI, MONDAY, AUGUST 10, 2026/SHRAVAN 19, 1948
MINISTRY OF HEAVY INDUSTRIES
NOTIFICATION
New Delhi, the 10th August, 2026
S.O. 4424(E).—PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme
1. In partial modification of the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE)
Scheme which was notified by the Ministry of Heavy Industries vide S.O. 4259(E) dated 29th September 2024, the
following amendments are made with effect from date of publication in the official gazette:
2. Para 5 of the Scheme notification of S.O. 4259(E) dated 29th September 2024 & as amended vide S.O. 3626(E)
dated 7th August 2025, shall stand further amended as under:
The PM E-DRIVE Scheme, with an outlay of ₹11,900 crore, is being implemented from 1st April 2024 till
31st March 2028, for faster adoption of electric vehicles (EVs), setting up of charging infrastructure and
development of EV manufacturing eco-system in the country. The EMPS-2024 implemented during 1st April
2024 to 30th September 2024 was subsumed under this Scheme.
3. Sl. No. 1 of the Annexure-4 of S.O. 4259(E) dated 29th September 2024 & as amended vide S.O. 1617(E) dated
27th March, 2026 shall stand further amended as under:
+-----+-----------------+---------------------------+---------------------------+------------+------------+
| Sl. | Vehicle | Maximum | Incentive for vehicles*1 | Maximum | Total |
| No. | Segment | number of +-------------+-------------+ Ex-factory | fund |
| | | vehicles to be | FY 2024-25 | 01.04.2025 to | price to | support |
| | | supported | | 31.03.2028 | avail | from |
| | | | | | incentive | MHI |
| | | | | | | (₹ crore) |
+=====+=================+===========================+=============+=============+============+============+
| 1 | Registered | 45,79,120 | ₹5,000/kWh, | ₹2,500/ kWh, | ₹1.5 lakh | 2,767*2 |
| | e- | | capped | capped at | | |
| | 2 wheelers | | at ₹10,000 | ₹5,000 per | | |
| | | | per vehicle | vehicle | | |
+-----+-----------------+---------------------------+-------------+-------------+------------+------------+
*1 The proposed amount of incentive per kWh is, however, subject to review as per the reduction in vehicle
cost and would be notified accordingly from time to time. The incentive shall be limited to as specified
above or 15% of ex-factory price of e-2W/ e-3W, whichever is lower.
*2 The outlay under EMPS-2024 has been subsumed within the outlay under PM E-DRIVE.
4. In Table-1 of para 9 of S.O. 4259(E) dated 29th September 2024, the total outlay for e-2Ws shall be
₹2,767 crore. Further, the outlay for Admin Expenses shall be ₹55 crore along with fungibility of expenses within
various sub-heads under admin expenses.
5. Para 46 of the Scheme notification of S.O. 4259(E) dated 29th September 2024 and as amended vide
S.O. 3626(E) dated 7th August 2025 & vide S.O. 1617(E) dated 27th March, 2026, shall stand further amended as under:
This is a fund-limited scheme. Total payout under the Scheme shall be limited to the scheme outlay of ₹11,900
crore. In case the funds for the Scheme or its relevant sub-components are exhausted prior to the terminal date
of the Scheme i.e. 31st March 2028, then the Scheme or its relevant subcomponents will be closed accordingly
i.e. no further claims will be entertained.
Further, as the target sales for sub-component registered e-3W (L5) has already been achieved, this segment
was closed on 26th December 2025, as already advised vide MHI's O.M. F.No. 1(1)/2024-AEI (PartII) (29996)
dated 23rd December 2025.
Since 31st March 2028 is the terminal date for all segments under the Scheme no payments will be made by
MHI/ PMA after this date. Therefore, the last date for submission of any claim to MHI/PMA for any scheme
component shall be 31st December 2027.
[F. No. 1(1)/2024-ΑΕΙ (28077)]
Dr. HANIF QURESHI, Addl. Secy.
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054. SARVESH KUMAR
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