Govt announces Rs 500 crore e-mobility scheme to promote electric vehicles

The heavy industries ministry on Wednesday announced a new scheme to promote e-mobility in the country with an outlay of Rs 500 crore for four months beginning April 2024.

The new scheme is for 2-wheelers and 3-wheelers.

The second phase of FAME-II or Faster Adoption and Manufacturing of Electric Vehicles in India programme ends on March 31, 2024. Announcing E-Mobility Promotion Scheme 2024 (EMPS 2024), Heavy Industries Minister Mahendra Nath Pandey said the Modi government is committed to promoting e-mobility in the country.

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