Published 3 months ago

India Extends EMPS Scheme For EV Subsidy By Two More Months

Summary by NDTV Profit

The government has increased by two months an EV subsidy scheme that came into effect after the expiry of the FAME-II regime.The Electric Mobility Promotion Scheme 2024 will now run until Sept. 30, 2024, as against July 31 earlier, with an enhanced outlay of Rs 778 crore, according to a press statement by the Union Ministry of Heavy Industries. The scheme now aims to support 560,789 EVs— including 5,00,080 electric two-wheelers and 60,709 electr…

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India Extends EMPS Scheme For EV Subsidy By Two More Months

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