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MHI Slashes Incentives for Electric Two and Three-Wheelers Under PM E-DRIVE

Incentives for e-2Ws will be available until July 2026, and for e-3Ws until March 2028

April 1, 2026

/ Rakesh Ranjan
/ Electric Vehicles, Market & Policy
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The Ministry of Heavy Industries (MHI) has amended certain provisions of the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) program, reducing incentives for electric two-wheelers and three-wheelers.

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Rakesh Ranjan

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AmendmentE-2Wse-3WsEVsIncentivesMHIPM-E-DRIVE
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