New Delhi: The Ministry of Heavy Industries has given the green light to 11 electric vehicle (EV) makers, such as Ather Energy, Bajaj Auto, Hero MotoCorp, Ola Electric, and Mahindra, to qualify for incentives as part of the newly launched Electric Mobility Promotion Scheme (EMPS) 2024.
Govt announces Rs 500 cr scheme to promote e-mobility dailyexcelsior.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexcelsior.com Daily Mail and Mail on Sunday newspapers.
The centre on Wednesday announced a new scheme to promote sale of electric two and three wheelers. According to Heavy Industries Minister Mahendra Nath Pandey, Rs 500 crore is being allocated for the Electric Mobility Promotion Scheme (EMPS), 2024. This scheme is valid for four months from April 1 onwards.
According to Heavy Industries Minister Mahendra Nath Pandey, Rs 500 crore is being allocated for the Electric Mobility Promotion Scheme (EMPS), 2024. This scheme is valid for four months from April 1 onwards.
The Indian heavy industries ministry announced the EMPS 2024 scheme, with a budget of Rs 500 crore, to promote e-mobility. The scheme offers support for 2-wheelers and 3-wheelers, with subsidies up to Rs 10,000 for 2-wheelers, up to Rs 25,000 for small three-wheelers, and up to Rs 50,000 for large three-wheelers.