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Core Purpose

This notification amends the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme, specifically regarding incentive allocations for registered e-rickshaws, e-carts, and e-3 wheelers L5.

Detailed Summary

The Ministry of Heavy Industries, vide Notification S.O. 3680 (E) dated 13th August, 2025, has made partial modifications to the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme, originally notified by S.O.4259(E) dated 29th September, 2024, and previously amended by S.O. 5062(E) dated 25th November, 2024, concerning e-3 wheelers L5. These amendments are effective from the date of publication in the official gazette. Sl. No. 2 of Annexure-4 of S.O.4259(E) is amended for Registered e-Rickshaws & e-Carts, setting the maximum number of vehicles to be supported at 39,034. The incentive for FY 2024-25 is ₹5,000/kWh, capped at ₹25,000 per vehicle, and for FY 2025-26, it is ₹2,500/kWh, capped at ₹12,500 per vehicle, with a maximum ex-factory price of ₹2.5 lakh to avail the incentive, and a total fund support of ₹50 crore from the Ministry of Heavy Industries. Sl. No. 3 of Annexure-4 of S.O.4259(E) (as amended by S.O. 5062(E)) is further amended for Registered e-3 wheelers L5. For vehicles registered from 1st April 2024 to 7th November 2024, 80,546 vehicles are supported with an incentive of ₹5,000/kWh, capped at ₹50,000 per vehicle. For vehicles registered from 8th November 2024 to 31st March 2026, 2,08,263 vehicles are supported with an incentive of ₹2,500/kWh, capped at ₹25,000 per vehicle. The maximum ex-factory price to avail this incentive is ₹5 lakh, with a total fund support of ₹857 crore. The incentive per kWh is subject to review, and the incentive amount is limited to the specified cap or 15% of the ex-factory price of e-2W/e-3W, whichever is lower. Additionally, the total outlay in Table 1 of Para 9 of S.O.4259(E) for "e-3W: registered e-rickshaws & e-carts" is amended to ₹50 crore, and for "e-3W: L5" to ₹857 crore. The outlay under EMPS-2024 has been subsumed within the outlay under PM E-DRIVE.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-13082025-265395 EXTRAORDINARY PART II-Section 3—Sub-section (ii) PUBLISHED BY AUTHORITY No. 3588] NEW DELHI, WEDNESDAY, AUGUST 13, 2025/SHRAVANA 22, 1947 MINISTRY OF HEAVY INDUSTRIES NOTIFICATION New Delhi, the 13th August, 2025 S.O. 3680 (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, and S.O. 5062(E) dated 25th November, 2024 regarding e-3 wheelers L5, the following amendments are made with effect from publication in the official gazette: 2. Sl. No. 2 of the Annexure-4 of S.O.4259(E) dated 29th September, 2024 shall stand amended as under : Sl. | Vehicle | Maximum number of | Incentive for vehicles*1 | Maximum | Total No. | Segment | vehicles to be | | Ex- | fund | | supported | FY 2024-25 | FY 2025-26 | factory | support | | | | | price to| from | | | | | avail | MHI | | | | | incentive | (₹ | | | | | | crore) ----+-----------+-------------------+--------------------------+---------------+---------+-------- 2 | Registered| 39,034 | *5,000/ kWh, capped | ₹2,500/ kWh, | ₹2.5 lakh| 50*2 | e- | | at ₹25,000 per | capped at | | | Rickshaws | | vehicle | ₹12,500 per | | | & e-Cart | | | 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. 3. Sl. No. 3 of the Annexure-4 of S.O.4259(E) dated 29th September, 2024 and as amended vide S.O. 5062(E) dated 25th November, 2024 shall further stand amended as under: Sl. | Vehicle | Maximum number of vehicles | Incentive for vehicles*1 | Maximum | Total No. | Segment | to be supported | | Ex-factory| Fund | | | | price to | support | | Vehicles | Vehicles | Vehicles | Vehicles | avail | (₹ crore) | | registered on | registered on | registered on | registered on | incentive | | | Vahan portal | Vahan portal | Vahan portal | Vahan portal | | | | from 1st April | from 8th | from 1st April | from 8th | | | | 2024 to 7th | November 2024 | 2024 to 7th | November 2024 | | | | November 2024 | to 31st March | November 2024 | to 31st March | | | | | 2026 | | 2026 | | ----+-----------+--------------------+----------------------+------------------------+----------------------------+-----------+----------- 3 | Registered| 80,546 | 2,08,263 | *5,000/kWh, | ₹2,500/kWh, | ₹5 lakh | 857*2 | e-3 | | | capped at | capped at | | | wheelers | | | *50,000 per | *25,000 per | | | L5 | | | 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. At Sl. No. 2 and 3 of Table 1 of Para 9 of the Scheme notification S.O.4259(E) dated 29th September 2024, the total outlay for "e-3W: registered e-rickshaws & e-carts" and "e-3W: L5” shall stand amended as *50 crore and ₹857 crore, respectively. [F. No. 01(01)2024-AEI (Part-II) (29996)] 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.

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