PM E-DRIVE carries alleviation to EV industry, yet lacks FAME-level motivations Economy &amp Plan News

.The freshly revealed PM Electric Travel Revolution in Ingenious Car Augmentation (PM E-DRIVE) scheme has actually brought alleviation to the electricity mobility field, but the rewards are actually less than what the Faster Adoption and Production of Electric (And Also Crossbreed) Vehicles (FAME) scheme supplied.The rewards around many electric vehicles (EVs) have actually lost coming from a higher of 85 per-cent to 30 per cent.The electricity car (e-car) portion, which used to receive an aid of around Rs 1.5 lakh, has been omitted coming from the program.The move is part of the Facility’s initiatives to gradually reduce assistances.