Union Heavy Industries Minister HD Kumaraswamy announced India's first electric truck incentive scheme under PM E-DRIVE, allocating Rs 10,900 crore over two years. The initiative addresses the fact that diesel trucks comprise only 3% of vehicles but generate 42% of transport emissions.
The scheme targets deploying 5,600 electric trucks with incentives up to Rs 9.6 lakh per vehicle, provided as upfront purchase price reductions. Manufacturers must offer comprehensive five-year or 5 lakh kilometer warranties for batteries and five-year or 2.5 lakh kilometer warranties for vehicles and motors.
Delhi receives special focus with Rs 100 crore earmarked for 1,100 e-trucks to improve air quality. SAIL will purchase 150 e-trucks over two years, mandating 15% EVs among hired vehicles. The scheme supports India's net-zero 2070 goals while benefiting cement, steel, logistics, and port sectors.
Post a comment
UPSC Shocker: 14,161 Aspirants make the cut - but is...
UPSC announces Prelims 2025 results - 14,161 candidates shortlisted for Mains. Next steps and key...
Gujarat becomes the 1st state to launch a project saving...
Gujarat becomes first Indian state to launch genome sequencing project exclusively for tribal communities, targeting...
Govt approves ₹50,000 crore mega plan! Which sectors are being...
Cabinet approves Rs 50,000 crore package for agricultural transformation and renewable energy investments across three...
VP Dhankhar Questions Judicial Inaction in Justice Varma Cash Scandal.
Vice President Jagdeep Dhankhar criticizes lack of FIR against Justice Yashwant Varma, urging accountability in...
