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More than 6 lakh electric 2, 3-wheelers sold under PM E-Drive scheme since April

New Delhi: More than 6 lakh electric two- and three-wheeler vehicles under the Centre's flagship EV subsidy scheme PM E-Drive have been sold so far [more...]

Vidya J SBy : Vidya J S

  |  30 Oct 2024 6:19 PM IST

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More than 6 lakh electric 2, 3-wheelers sold under PM E-Drive scheme since April

New Delhi: More than 6 lakh electric two- and three-wheeler vehicles under the Centre's flagship EV subsidy scheme PM E-Drive have been sold so far in the current financial year, data from the ministry of heavy industries released on Wednesday showed, as India targets 30% of new vehicle sales to be electric by 2030.EV sales of 6,09,250 units, achieved till 28 October, are over 50% of the ministry of heavy industries' cap for EV sales for FY25 under the subsidy scheme. Of the EVs sold, the heavy industries ministry has received claims for nearly 3.7 lakh vehicles and disbursed ₹320 crore for electric two- and three-wheelers.

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