New Delhi: Buyers of cargo electric three-wheelers may not be able to avail government subsidy as the PM E-Drive incentive targets for this fiscal have been met within weeks of the scheme's launch.

The centre has restored sops for sale of cargo electric three-wheelers (e-3w of L5 category) after ET reported they were stopped since PM E-DRIVE targets were achieved. According to officials aware of ...

The subsidy, which was earlier set at Rs 50,000 per vehicle, has now been halved to Rs 25,000. Subsidies under the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) are being ...

The government is set to extend subsidy for sale of cargo category of electric three-wheelers (e-3Ws of L5 category) under the Prime Minister Electric Drive Revolution in Innovative Vehicle ...

In September this year, Nitin Gadkari, the Union Minister of Roads and Highways, had expressed the view that subsidies for EVs may no longer be needed. “Electric vehicles are readily available ...

The Ministry of Heavy Industry (MHI) has restored the subsidies for electric three-wheelers ... With the government having a steady focus on electric three-wheelers, the move is expected to encourage ...

New Delhi: More than 6 lakh electric two- and three-wheeler vehicles under the Centre's flagship EV subsidy scheme PM E-Drive have been sold so far in the current financial year, data from the ...

Estimate how much you can save by switching to an Electric Vehicle. Calculate your savings against a conventional (ICE) vehicle by entering a few details. BYD eMax 7 replaces the BYD e6 and wants to ...

Cargo electric three-wheelers will be eligible for subsidies at a reduced rate of Rs 2,500 per kWh with a cap of Rs 25,000 per vehicle. Under the PM E-Drive scheme this year, the government had ...

The conflict over electric vehicles is part of a larger debate about the role of government subsidies in international trade. Both sides are seeking to protect their industries while navigating ...