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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