Don’t miss the latest developments in business and finance.

PM E-DRIVE: New govt scheme for EVs in India. Details here

PM E-DRIVE: New govt scheme for EVs in India. Details here

Last Updated: Sep 17 2024 | 3:35 PM IST

The Ministry of Heavy Industries (MHI) has introduced a new initiative: the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) scheme. Recently approved by the Union Cabinet, led by Prime Minister Narendra Modi, this scheme is set to revolutionise the electric vehicle landscape in India.