Centre issues new norms for EV charging infrastructure subsidies under PM E-drive scheme
The Union government has issued guidelines for the ₹10,000-crore PM E-drive scheme, specifically allocating ₹2,000 crore for electric vehicle (EV) charging infrastructure. The scheme offers up to 100% subsidies for setting up charging stations, battery swapping stations, and long-range chargers in high-density cities and along major highways. The goal is to install 72,300 EV chargers to boost consumer confidence and support the adoption of two-wheelers, cars, buses, and trucks. The government aims for a charging grid coverage of at least one station every 3km in cities and every 25km on highways.
Key Points
- The PM E-drive scheme has a total outlay of ₹10,000 crore, with ₹2,000 crore dedicated to charging infrastructure.
- Subsidies of up to 100% are available for charging stations in government buildings and private establishments.
- The target is to install 72,300 EV chargers across various vehicle categories.
- Infrastructure targets include a charging station every 3km x 3km grid in cities and every 25km on highways.
Exam Facts
- The PM E-drive scheme's total budget is ₹10,000 crore.
- The specific allocation for charging infrastructure is ₹2,000 crore.
- The target for EV charger installation is 72,300 units.
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