Government initiates ₹500 crore electric truck incentive program – Telematics Wire

Government initiates ₹500 crore electric truck incentive program – Telematics Wire

News, 14 July 2025 The Indian government has launched a significant financial incentive program, allocating ₹500 crore, to encourage the widespread adoption of electric trucks. This initiative, introduced on Friday 11th July 2025, by Union Minister HD Kumaraswamy, is a core part of the larger PM E-Drive program, which dedicates ₹10,900 crore to advance electric mobility. To incentivize the shift to electric, the program offers subsidies for 5,64…

India Launches First Incentive Scheme for E-Trucks - SMEVENTURE

In a major step toward decarbonising India’s freight sector, the Ministry of Heavy Industries has launched the country’s first-ever incentive scheme for electric trucks under the PM E-DRIVE initiative. Spearheaded by Union Minister H.D. Kumaraswamy and aligned with Prime Minister Modi’s green mobility vision, the scheme marks a pivotal shift in national logistics policy. Electric trucks in the N2 and N3 categories—which include goods vehicles we…