India Achieves Target for Electric L5 Three-Wheelers Under PM E-DRIVE Scheme Ahead of Schedule
India has hit its full deployment target for electric three-wheelers (L5) under the PM E-DRIVE Scheme ahead of schedule, with around 2.88 lakh units sold and incentives for the segment closing after December 26, 2025. Support for electric two-wheelers and e-rickshaws/e-carts will continue until March 31, 2026.
January 01, 2026. By Mrinmoy Dey
The PM E-DRIVE Scheme, notified on September 29, 2024 with an outlay of INR 10,900 crore, was designed to accelerate EV adoption while building a self-sustaining electric mobility ecosystem driven by domestic manufacturing and supply chains.
According to the ministry, EV penetration in the L5 three-wheeler segment has now touched about 32 percent, signalling strong market maturity and aligning perfectly with the government’s vision to establish a self-sustaining ecosystem.
As of December 30, 2025, a total of about 21.24 lakh EVs have been sold under the scheme across eligible vehicle categories. In the e-2Ws segment, 18,40,007 units have been sold against a target of 24,79,120 (74 percent achievement), with 19 OEMs participating.
In the e-rickshaws and e-carts segment, 5,267 units have been sold against a target of 39,034 (13 percent achievement), with 5 OEMs onboard.
In the e-3Ws (L5) segment, a total of 2,88,508 units have been sold against a target of 2,88,809 marking a 100 percent achievement, supported by 15 OEMs.
Overall achievement across these categories stands at about 76 percent.
While incentives for the L5 three-wheeler category have concluded following target completion, the ministry confirmed that support for electric two-wheelers and e-rickshaws/e-carts will continue until March 31, 2026 under PM E-DRIVE.
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