Govt. Announces Extension of EMPS 2024 by Two Months

July 29, 2024. By Aishwarya

The Indian government has announced the extension of Electric Mobility Promotion Scheme 2024 (EMPS 2024), launched by the Ministry of Heavy Industries, aimed to boost the adoption of electric vehicles (EVs) across the country.

Originally set to run from April 1, 2024, to July 31, 2024, with a total outlay of INR 500 crores, the scheme has been extended to September 30, 2024. Additionally, the scheme's outlay has been enhanced to INR 778 crores.

EMPS 2024 aims to advance the Government of India's green initiatives and foster the growth of the electric vehicle manufacturing ecosystem in the country. The scheme focuses on two main categories of eligible EVs: electric two-wheelers (e-2W) and electric three-wheelers (e-3W), including registered e-rickshaws, e-carts, and L5 category vehicles. Emphasizing affordable and environmentally friendly public transportation options, the scheme primarily targets e-2Ws and e-3Ws registered for commercial purposes. Additionally, privately or corporately owned registered e-2Ws are also eligible under the scheme.

The enhanced outlay of the scheme is divided into two main components. Subsidies and demand incentives for electric two-wheelers and electric three-wheelers, including registered e-rickshaws, e-carts, and L5 category vehicles, account for INR 769.65 crore. The administration of the scheme, including Information, Education & Communication (IEC) activities and fees for the Project Management Agency, accounts for INR 8.35 crore, bringing the total to INR 778 crores.

The revised target of the scheme is to support 560,789 electric vehicles, comprising 500,080 electric two-wheelers and 60,709 electric three-wheelers. This includes 13,590 rickshaws and e-carts, as well as 47,119 e-3Ws in the L5 category. To promote advanced technologies, incentives will be available only for EVs equipped with advanced batteries. The scheme is fund-limited, and the EVs are restricted to targeted numbers for each defined category.

Promoting the Prime Minister’s vision of Aatmanirbhar Bharat, the scheme encourages an efficient, competitive, and resilient EV manufacturing industry in the country. The Phased Manufacturing Programme (PMP) has been adopted to encourage domestic manufacturing and strengthen the EV supply chain, which is expected to create significant employment opportunities along the value chain.

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Ministry of Heavy Industries

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