The Centre on Wednesday announced a new scheme, the Electric Mobility Promotion Scheme (EMPS), 2024, to promote the sale of electric two-wheelers (e2W) and three-wheelers (e3W) in the country.
Heavy Industries Minister Mahendra Nath Pandey said that the Centre has allocated Rs 500 crore for the new scheme, which will be valid for four months from now.
The upcoming scheme is set to debut on April 1, supplanting the current Faster Adoption and Manufacturing Electric Vehicles- Phase-II initiative.
