In September 2024, the Union Cabinet has launched the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM e-DRIVE) Scheme, allocating ₹10,900 crore over two years to boost electric vehicle usage in India. It will support electric two-wheelers, three-wheelers, e-buses, and establish numerous charging stations.
Under the scheme, the government will give e-vouchers to those who buy electric vehicles to avail demand incentives.