GS2 – Governance
Context:
India has launched its first dedicated e-truck incentive scheme under the PM E-Drive initiative, marking a major step in expanding the electric vehicle ecosystem beyond two- and four-wheelers. Notably, e-trucks were excluded from the FAME scheme.
Scheme Details:
- Type: Central Sector Scheme
- Ministry: Ministry of Heavy Industries
- Delhi Focus: 1/5th of the scheme’s financial outlay is earmarked for vehicles registered in Delhi.
About FAME Scheme:
- Launched: 2015
- Objective: Promote EV adoption via demand incentives.
- Focused on: Electric 2W, 3W, 4W, and buses.
- Implemented by: Ministry of Heavy Industries
PM E-Drive Initiative (2024–2026)
- A flagship initiative to boost EV adoption.
- Aims to expand incentives and infrastructure (like charging stations).
Objectives of the E-Truck Scheme:
- Expand EV coverage to include medium and heavy-duty trucks.
- Lower emissions from road-based freight transport.
- Stimulate demand for electric trucks in the domestic market.
- Reduce logistics costs through energy-efficient alternatives.
Key Features of the E-Truck Incentive Scheme:
- Target Segments: Trucks in:
- N2 category (3.5 – 12 tonnes GVW)
- N3 category (12 – 55 tonnes GVW)
- Incentive Amount: Up to ₹9.6 lakh per vehicle.
- Eligibility Requirements:
- Must use advanced battery technology.
- Requires scrapping of old diesel trucks.