Recently the Union Ministry of Heavy Industries launched Electric Mobility Promotion Scheme 2024 (EMPS 2024) scheme.
- It has been launched to further accelerate the adoption of EVs in the country. This is a fund limited scheme with a total outlay of Rs. 500 crore for the period of 4 months, w.e.f. 1st April 2024 till 31st July 2024, for faster adoption of electric two-wheeler (e-2W) and three-wheeler (e-3W).
- Eligible EV categories a) Two Wheelers (electric) (e-2W) b) Three-wheeler (electric) including registered e-rickshaws & e-carts and L5 (e-3W).
- With greater emphasis on providing affordable and environment friendly public transportation options for the masses, scheme will be applicable mainly to those e-2W and e-3Ws registered for commercial purposes. Further, in addition to commercial use, privately or corporate owned registered e-2W will also be eligible under the scheme.
