Here are the latest and official government benefits available for electric vehicles (EVs) in India as of 2025:
🚗 Central Government Schemes
1. PM E-DRIVE Scheme 2024–26
- Launched September 2024 as a successor to FAME-II & EMPS with a ₹10,900 crore budget.
- Offers demand incentives:
- ₹5,000 per kWh for electric two‑wheelers (e‑2W) in FY 2024–25
- ₹2,500 per kWh for the following year (FY 2025–26)
- Capped at 15% of ex-factory price per vehicle
2. EMPS 2024
- A temporary scheme from April to July 2024, offering similar incentives to e-2W and e-3W – ₹5,000/kWh capped at ₹10,000 per EV. It has since been integrated into PM E-DRIVE.
🛠 Infrastructure & Charging Support
- ₹800 crore granted under FAME-II (and continued under PM E-DRIVE) for public charging stations (EVCS) at petrol pumps (~7,400 across India) and private installations.
- Ministry of Power rules declaring EV charging as a de-licensed activity, enabling easier rollout and affordable tariffs.
🗺 State Government Incentives
State incentives vary widely and may include:
- Road tax exemptions and registration fee waivers (e.g., Delhi, Chandigarh, Rajasthan, Kerala)
- VAT/CST reductions (e.g., Kerala, Madhya Pradesh)
- Upfront subsidies: Typically flat or capacity-linked but capped – e.g., ₹10,000–₹20,000 per two‑wheeler
✅ Summary Table
| Program | Benefit | Vehicle Type | Timeframe |
|---|---|---|---|
| PM E‑DRIVE (2024–26) | ₹5,000/kWh → ₹2,500/kWh (capped at 15%) | e‑2W, e‑3W | FY 2024–25 → FY 2025–26 |
| EMPS 2024 | ₹5,000/kWh (capped at ₹10 k per EV) | e‑2W, e‑3W | Apr–Jul 2024 |
| Charging Infrastructure | ₹800 cr grants; EVCS deployment | Public & private charging | Ongoing until Mar 2026 |
| State Incentives | Tax waivers, VAT cuts, rebates | EVs (varies by state) | Varies per state policy |
🌟 Key Takeaways
- PM E‑DRIVE is now the primary incentive for e‑2W/e‑3W buyers in 2025–26 – not FAME‑II.
- EV charging infrastructure is actively supported through capital grants.
- State incentives (tax relief, VAT cuts, subsidies) differ by region—check local policies through the e-AMRIT portal
