Centre extends e2w subsidies under PM E-DRIVE till March 2028, boosts outlay to Rs 11,900 crore
- Source
- The Economic Times - Industry
- Source link
- https://economictimes.indiatimes.com/industry/auto/two-wheelers-three-wheelers/centre-extends-e2w-subsidies-under-pm-e-drive-till-march-2028-boosts-outlay-to-rs-11900-crore/articleshow/133164465.cms
- Published
- 2026-08-11 19:12:59
- Discovered by ProcIntel
- 2026-08-11 23:09:33
- Category
- Procurement & Supply Chain News
- Geography
- India
- Organisations
- —
- Review status
- Pending
- Record type
- REAL
Summary
Government subsidies for electric two-wheelers will continue until March 2028. The PM E-DRIVE scheme now has an additional ₹1,000 crore allocated. Electric two-wheeler sales have already surpassed initial program targets. Electric three-wheelers no longer require these government incentives. Electric buses received the largest subsidy allocation under the PM E-DRIVE scheme.
Procurement Relevance Gate
FAIL
— score 7.0/100 — evaluated 2026-08-11 23:09:33
Only geographic exposure matched — no substantive content indicator, so this cannot pass alone.
- geographic_exposure (weight 8) — matched on "1 linked geography"
Initial Signal Assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.
A provisional, automatically-computed reading of this individual Signal, before Event extraction or human review. Not a final rating.
Not Assessed — this Signal did not pass the Procurement Relevance Gate, or is fictional/excluded test data.