Ministry of Heavy Industries extends duration of Electric Mobility Promotion Scheme 2024 by two months

The Ministry of Heavy Industries has extended the Electric Mobility Promotion Scheme 2024 (EMPS 2024) until September 30, 2024 which was originally scheduled to run from April 1, 2024 to July 31, 2024.

Additionally, the total budget for EMPS 2024 has been raised from Rs 5 billion to Rs 7.78 billion. The scheme now targets to support 560,789 electric vehicles (EVs), comprising 500,080 electric two-wheelers (e-2Ws) and 60,709 electric three-wheelers (e-3Ws). This includes 13,590 rickshaws and e-carts, as well as 47,119 e-3Ws in the L5 category. To promote advanced technologies, incentives will be available only for EVs equipped with advanced batteries.