Ministry of Heavy Industries
Target for e-3Ws (L5) achieved under PM E-DRIVE Scheme – A milestone in e-mobility for Govt. of India
प्रविष्टि तिथि: 31 DEC 2025 3:50PM by PIB Delhi
The PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme was notified on 29.09.2024 with an outlay of Rs.10,900 crore.
2. The aggressive targets set by the MHI for the e-3Ws (L5) segment have been met ( 2.88 lac units ) ahead of time and the incentivization under the scheme for e-3Ws (L5) has been closed post 26/12/2025.
3. EV penetration within the e-3Ws (L5) segment is now estimated at ~32%, aligning perfectly with the government’s vision to establish a self-sustaining ecosystem.
4. As on 30/12/2025, a total of 21.24 lakh EVs have been sold under the PM E-DRIVE Scheme as detailed below:
No. of EVs Sold under the PM E-DRIVE Scheme as on 30.12.2025
|
Segment |
Target Nos. |
EVs Sold |
% Share |
No. of OEMS registered under scheme |
|
(A) |
(B) |
(C) |
(D) |
|
|
e-2W |
24,79,120 |
18,40,007 |
74% |
19 |
|
e-rickshaw & e-cart |
39,034 |
5,267 |
13% |
5 |
|
e-3W(L5) |
2,88,809 |
2,88,508 |
100% |
15 |
|
Total for above |
28,06,963 |
21,23,782 |
76% |
5. Currently, e-2Ws have seen sales of 18,40,007 units against a target of nearly 24.79 lakh units. The incentive for e-2Ws and e-rickshaws/ e-carts under the Scheme shall continue up to 31/03/2026.
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TPJ
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