The Indian EV sector ended FY2024 on a strong platform, setting record sales across vehicle types. Sales rose by 41% annually, reaching 1.66 million EVs sold.
Last month, the Heavy Industries Ministry said the EMPS 2024, a fund-limited scheme with a total outlay of Rs 500 crore for four months, will be implemented from April 1, 2024, to July 31, 2024, to accelerate the adoption of electric two-wheelers (e-2W) and three-wheelers (e-3W).
India launches Rs 500 crore EMPS 2024 scheme, aiming to boost electric mobility with subsidies until July, supporting over 370,000 vehicles and creating job opportunities.
Pune: The Pimpri Chinchwad Municipal Corporation (PCMC)’s policy to promote electric three-wheelers failed to garner good response from public even af.
The Electric Mobility Promotion Scheme 2024 aims at increasing the sale of electric two- and three-wheelers. The four-month scheme is valid until July 2024.