•The government has launched the PM E-DRIVE Scheme, for faster adoption of electric vehicles
•The scheme shall be implemented from Oct 1, 2024 to March 31, 2026.
•The EMPS-2024 (Electric Mobility Promotion Scheme) is being subsumed under the PM E-DRIVE scheme.
•An electric vehicle (EV) is one that operates on an electric motor, instead of an internal-combustion engine that generates power by burning a mix of fuel and gases.
•The scheme addresses anxiety of EV buyers by promoting in a big way the installation of electric vehicle public charging stations (EVPCS).