Govt launches scheme to incentivise electric trucks by up to Rs 9.6 lakh under PM E-DRIVE
New Delhi
July 16, 2025
Union Minister for Heavy Industries HD Kumaraswamy on Friday, July 11, 2025, announced the launch of the first-ever scheme to incentivise electric trucks under the PM E-DRIVE initiative.
The minister said that diesel trucks make up only 3 per cent of the total vehicles but cause 42 per cent of transport emissions.
The scheme has a financial outlay of Rs 10,900 crore over a period of two years. The newly launched scheme is a strategic move to support India's commitment to reducing vehicular emissions and achieving its net-zero 2070 goals, the Ministry of Heavy Industries said in a statement.