By Kavita Mistry 
Approved by the Cabinet with a Rs 10,900 crore financial outlay, PM E-DRIVE came into effect in October last year and was originally scheduled to remain in force until March 31, 2026. In August 2025, Union Minister HD Kumaraswamy extended its duration from two years to four years. This means, it will now remain implemented until March 31, 2028.
The Ministry of Heavy Industries, however, said that March 31, 2026 will remain the terminal date for registered e-2W, e-3W (L5), e-rickshaws and e-carts.
PM E-DRIVE: Eligible
Two-wheelers: It will incentivise about 24.79 lakh electric two-wheelers (e-2Ws), both commercial and private, which are equipped with advanced batteries.
Three Wheelers: The scheme will incentivise nearly 3.2 lakh electric three-wheelers (e-3Ws), including registered e-rickshaws/e-carts or L5 category vehicles.
e-Ambulance: Rs 500 crore allocated to deploy e-ambulances for comfortable patient transportation.
e-Trucks: Rs 500 crore provided to incentivise the use of e-trucks. People having scrapping certificates from MoRTH-approved vehicle scrapping centers (RVSF) remain eligible.
e-Buses: Rs 4,391 crore allocated to procure 14,028 electric buses by STUs/public transport agencies.
Charging infrastructure: Establishment of a robust network of public charging stations. This includes 22,100 fast chargers for e-4Ws, 48,400 for e-2Ws and e-3Ws, as well as 1,800 for e-buses.