Ministry of Heavy Industries Electric Mobility Promotion Scheme 2024

Ministry of Heavy Industries, Government of India has notified Electric Mobility Promotion Scheme 2024 (EMPS 2024) with an outlay of Rs.500 crore for a period 4 months, w.e.f. 1st April 2024 till 31st July 2024. The scheme is introduced for faster adoption of electric two-wheeler (e-2W) and electric three-wheeler (e-3W - including registered e-rickshaws & e-carts and L5) to provide further impetus to the green mobility and development of electric vehicle (EV) manufacturing eco-system in the country.

With greater emphasis on providing affordable and environment friendly public transportation options for the masses, scheme will be applicable mainly to those e-2W and e-3Ws registered for commercial purposes. Further, in addition to commercial use, privately or corporate owned registered e-2W will also be eligible under the scheme. To encourage advance technologies, the benefits of incentives, will be extended to only those vehicles which are fitted with advanced battery.

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The Scheme promotes an efficient, competitive and resilient EV manufacturing industry in the country thereby promoting the Hon’ble Prime Minister’s vision of Aatma-Nirbhar Bharat. For this purpose, Phased Manufacturing Programme (PMP) has been adopted which encourages domestic manufacturing and strengthening off EV supply chain. This shall also create significant employment opportunities along the value chain.

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बाहरी लिंक