e-buses subsidy

Business

14,000+ E-Buses, 88,500 Charging Sites: Here’s What the PM E-Drive Scheme Offers

The Union Cabinet, led by Prime Minister Narendra Modi, has approved the new PM E-Drive Scheme, replacing the long-running FAME programme, to accelerate the adoption of electric vehicles (EVs) in India. With an allocated budget of Rs 10,900 crore over the next two years, the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) aims to further push India’s…