PM E-Drive (Electric Drive Revolution in Innovative Vehicle Enhancement) 🔆 Key Highlights: 📍 Objective: Promote electric mobility by extending fiscal incentives to electric two-wheelers, three-wheelers, buses, trucks, and ambulances. 📍 Outlay: ₹10,900 crore over two years. 📍 Administration: Scheme is managed by the Ministry of Heavy Industries. 🔆 Coverage: ✅ Targets support for: @25 lakh electric two-wheelers. @3 lakh electric three-wheelers. @14,000 electric buses. ✅ Includes fiscal benefits to promote localization of components, battery manufacturing, and installation of public charging stations. 🔆 Key Exclusion: ❌ Electric cars are excluded from fiscal incentives, causing concerns in the EV car market. 🔆 Infrastructure Expansion: ✅ Proposal for 21,100 charging stations for four-wheelers aims to address range anxiety. 🔆 Goal: ✅ Contribute to achieving 30% electric vehicle penetration by 2030 and reduce greenhouse gas emissions. #government_schemes