PM E‑DRIVE Electric Truck Incentives: Up to ₹9.6 Lakh Subsidy Per Vehicle | July 2025
🚛 PM E‑DRIVE Electric Truck Incentives: Up to ₹9.6 Lakh Subsidy per Vehicle
✅ English: The Ministry of Heavy Industries has launched a ₹500 crore incentive scheme under PM E‑DRIVE to support deployment of 5,643 electric trucks (e‑trucks) across India.
✅ हिंदी: PM E‑DRIVE योजना के तहत 5,643 इलेक्ट्रिक ट्रकों को बढ़ावा देने के लिए ₹500 करोड़ का ई‑प्रोत्साहन पैकेज शुरू किया गया है। हर ट्रक पर ₹9.6 लाख तक की सब्सिडी दी जा सकती है।
🎯 Key Highlights | प्रमुख बातें
- Scheme launched on 11 July 2025 targeting N2 (3.5–12t) and N3 (>12–55t) truck categories 3
- Target: 5,643 e‑trucks supported under the plan, ₹500 crore allocation for FY26 4
- Incentives up to ₹9.6 lakh per truck, based on:
- ₹5,000/kWh battery
- or 10% of ex-factory price
- or GVW-based cap (₹2.7L–₹9.6L) 5
🛠️ Eligibility & Conditions
- Eligible only for N2 and N3 category electric trucks with scrapping certificate (Certificate of Deposit) from MoRTH-approved facility 6
- Drone warranty rules:
- Battery: 5 years or 5 lakh km
- Motor/Vehicle: 5 years or 2.5 lakh km 7
🌐 Why It Matters | महत्व
- Diesel trucks cause 42% of transport emissions despite being only 3% of fleet—this scheme aims to decarbonize logistics 8
- SAIL has committed to procuring 150 e‑trucks; key OEMs like Tata Motors, Ashok Leyland, Volvo engaged 9
- Planned deployment on 10 identified zero-emission highway segments across India 10
🔔 Next Steps for Stakeholders
- OEMs should register on PM E‑DRIVE portal to claim early incentives.
- Logistics operators must ensure scrappage of old diesel trucks to meet eligibility conditions.
- State transport fleets can budget future procurement based on subsidy caps and warranty rules.
✅ Pro Tip: Companies ordering ≥100 e‑trucks under this scheme can reduce logistics costs significantly and contribute to India’s net-zero ambition by 2070.
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