Eligibility

Eligible categories, as defined in CMVR:

  • N2 – 3.5 to 12 tonnes
  • N3 – 12 to 55 tonnes

Demand incentive will be the lowest of:

  • ₹5,000 × battery capacity in kWh
  • 10% of ex-factory price (up to ₹1.25 crore, excluding trailer)
  • Maximum incentive based on GVW

PM E-DRIVE e-Voucher

The Ministry of Heavy Industry (MHI) is introducing e-Vouchers for EV customers to avail the demand incentive under the scheme. The scheme portal will generate an e-KYC Aadhaar FACE authenticated e-Voucher for the customer at the time of purchase. A link to download the e-Voucher shall be sent on the registered mobile number of the customer.