PM e-DRIVE SCHEME

• PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) is a central sector scheme of the Ministry of Heavy Industries (MHI) to accelerate EV adoption via upfront demand incentives, charging infrastructure and bus procurement.
• Outlay ₹10,900 crore, originally for 2 years (1 Oct 2024 – 31 Mar 2026); later extended to 31 March 2028.
• Successor to FAME-II; covers e-2Ws, e-3Ws, e-ambulances, e-trucks and e-buses (NOT e-cars for private buyers).
• Relevant for GS-III (economy, infrastructure, environment, indigenisation) and Prelims (scheme facts).