The Ministry of Heavy Industries has launched the Electric Mobility Promotion Scheme 2024 (EMPS 2024) with an outlay of Rs 500 crore. This initiative is geared towards encouraging the adoption of electric vehicles (EVs) across the country. The Centre announced the new scheme following the conclusion of the second phase of the Faster Adoption and Manufacturing of Electric Vehicles (FAME-II) programme on March 31, 2024.
The scheme came into force today (April 1) and will continue till the end of July this year. EMPS 2024 focuses on subsidising the purchase of electric two-wheelers (e-2Ws) and electric three-wheelers (e-3Ws) for four months.
