TAG: "MHI notification"
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MHI Extends PM E-DRIVE Electric 2-Whleer Incentives till July 2026
The Ministry of Heavy Industries has amended the PM E-DRIVE scheme, extending e-2W incentives to July 31, 2026, while retaining the INR 10,900 crore outlay and capping support for 24.79 lakh e-2Ws and 39,034 e-3Ws.
MHI Notification | March 31, 2026 | By Mrinmoy Dey | 662
MHI Extends Traction Motor Import Deadline to August 2026 Under PM E-DRIVE Scheme
The Ministry of Heavy Industries has relaxed localisation norms under the INR 10,900 crore PM E-DRIVE Scheme, allowing electric truck and bus manufacturers to import traction motors with rare-earth magnets until August 31, 2026.
MHI Notification | March 17, 2026 | By Mrinmoy Dey | 661
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