The newly introduced PM Electrical Drive Revolution in Modern Automobile Enhancement (PM E-DRIVE) scheme has introduced reduction to the electrical mobility business, however the incentives are decrease than what the Quicker Adoption and Manufacturing of Electrical (And Hybrid) Autos (FAME) scheme provided.
The incentives throughout a number of electrical autos (EVs) have dropped from a excessive of 85 per cent to 30 per cent.
The electrical automobile (e-car) phase, which used to obtain a subsidy of as much as Rs 1.5 lakh, has been excluded from the scheme.
The transfer is a part of the Centre’s efforts to step by step cut back subsidies
