PM E-Drive Scheme 2024: Complete information about the digital voucher for easy subsidy for purchase of e-vehicles
PM E-Drive Digital Voucher 2025 – In recent times, there has been a growing trend towards eco-friendly vehicles across the country, especially the use of electric vehicles (EVs). To control carbon emissions from petrol-diesel vehicles and reduce the country’s dependence on fuel imports, the Government of India is actively promoting the adoption of EVs.
PM E-Drive Digital Voucher 2025 – In recent times, there has been a growing trend towards eco-friendly vehicles across the country, especially the use of electric vehicles (EVs). To control carbon emissions from petrol-diesel vehicles and reduce the country’s dependence on fuel imports, the Government of India is actively promoting the adoption of EVs.
In this regard, the Union Ministry of Heavy Industries has launched a significant initiative in September 2024. The PM E-Drive (Electric Drive Revolution in Innovative Vehicle Enhancement) scheme. This scheme aims to give a revolutionary boost to electric mobility (e-mobility) in India. The most important and innovative feature of the PM E-Drive scheme is the PM E-Drive digital voucher system. Through this system, buyers of electric vehicles will be able to claim government subsidies very easily and quickly.
PM e-Drive Scheme at a Glance
The PM e-Drive Scheme has been designed to increase the use of electric vehicles in India and strengthen domestic EV manufacturing. It will not only provide incentives for personal vehicles, but also for EVs for public transport and freight.
Key Objectives of the Scheme
The PM e-Drive Scheme has multi-dimensional goals:
- Direct Incentives: Provide direct financial incentives for the purchase of eligible electric vehicles across various segments including E-Two Wheelers (E-2W), E-Three Wheelers (E-3W), E-Buses, and E-Trucks, making them more affordable to consumers.
- Charging Infrastructure Development: Promote the establishment of public and fast EV charging stations across the country, so that EV users can travel without any worries.
- Strengthen Domestic Manufacturing: Support local manufacturing of EV components and battery technology. This will further strengthen the ‘Make in India’ initiative.
- Environmental Protection: Significantly reduce the country’s carbon emissions by reducing the use of fossil fuels.
PM e-Drive e-Voucher: An innovative subsidy mechanism
The PM e-Drive Digital Voucher is the main tool that revolutionizes the process of disbursing subsidy under the PM e-Drive scheme.
What is PM e-Drive Digital Voucher?
A digital voucher is a unique, digital coupon that buyers of eligible e-vehicles use to avail the subsidy amount announced by the government. It is a secure voucher that is generated on the government portal through a fully Aadhaar-based e-KYC process.
The biggest advantage of this is that customers do not have to wait for months to avail the subsidy. As soon as this voucher is used at the dealership, the subsidy amount is deducted from the total purchase price of the vehicle. This reduces the immediate burden on the customer’s pocket and makes EV purchase easier.
Details of subsidy available under PM e-Drive scheme
A specific incentive amount has been fixed for various types of electric vehicles under this scheme. (This is applicable for the financial year 2024-25)
| Vehicle type | Subsidy calculation details | Maximum incentive amount |
|---|---|---|
| E-Two-Wheeler (E-2W) | ₹5,000 per kilowatt (kWh) of battery capacity | Up to ₹10,000 |
| E-Three Wheeler (E-3W) | ₹5,000 per kilowatt | Up to ₹50,000 |
| E-Bus (Public Transport) | ₹10,000 per kilowatt | Up to ₹35 lakh |
| E-Truck | ₹5,000 + 10% of ex-factory price per kilowatt of battery capacity | Up to ₹1.25 crore |
This subsidy acts as a major incentive for consumers to adopt EVs.
Eligibility Criteria for PM e-Drive Digital Voucher
To avail subsidy through digital voucher, the consumer and the vehicle they purchase need to meet certain criteria:
Indian Citizenship: The consumer must be a citizen of India.
Authorized Purchase: The vehicle should be purchased only from an authorized dealership of a registered and approved vehicle manufacturer under the PM e-Drive scheme.
Registered Vehicle Manufacturer: The EV should be manufactured by an Original Equipment Manufacturer (OEM) registered under the scheme.
Technical Criteria: The electric vehicle purchased should have advanced battery technology that meets the performance and safety standards set by the scheme.
Subsidy Limit: An individual is eligible to claim the incentive for only one vehicle in a particular category (eg: e-two-wheeler).
Aadhaar Link: A mobile number linked to Aadhaar number is mandatory for the authentication process.
RTO Registration: The purchased electric vehicle must be registered with the Regional Transport Office (RTO).
Subsidy is not available for these vehicles
The PM e-Drive scheme gives priority to commercial and collective mobility. Therefore:
Private Cars: Electric four-wheelers for private use are not eligible for the subsidy under this scheme.
Government Department Vehicles: This subsidy is not applicable to EVs purchased by Central or State Government Departments, Public Institutions or Agencies.
Re-sold (Used) EVs: This incentive is available only for new, first-time buyers, eligible electric vehicles.
The PM e-Drive Digital Voucher not only simplifies the process of purchasing electric vehicles but also takes a significant and progressive step towards green mobility in the country by immediately delivering the benefit of the subsidy to the consumers.