In a strategic move to bolster India’s electric vehicle (EV) market, the Ministry of Heavy Industries has rolled out the Electric Mobility Promotion Scheme 2024 (EMPS 2024).
In a strategic move to bolster India’s electric vehicle (EV) market, the Ministry of Heavy Industries has rolled out the Electric Mobility Promotion Scheme 2024 (EMPS 2024).
Incentive for electric 2W (e-2W) and electric 3W, including registered e-rickshaws & e-carts and L5 (e-3W).
Subsidies Incentive
Aligned with the vision of Aatma-Nirbhar Bharat, EMPS 2024 aims to foster a robust and self-reliant EV manufacturing industry in India.
Administration of Scheme
Electric 2W: 3,33,387
Electric 3W: 38,828
E-Rickshaws: 13,590
E-Carts: 13,590
L5 Category: 25,238
Targeted EV Deployment
The Ministry of Heavy Industries will issue detailed guidelines for EMPS 2024 implementation, clarifying operational aspects and incentives.