🇮🇳 Economic Times ·

India caps EV subsidies and sets registration deadlines

Eligibility tied to price and timeline limits

Energy Transition
Change
India capped EV subsidy eligibility based on price thresholds and set registration deadlines under the PM E-DRIVE scheme.
Why it matters
Vehicles exceeding price limits or registered after deadlines are ineligible, with funding capped and subject to early exhaustion.
Implications
  • — Manufacturers must price within limits — eligibility constrained
  • — Buyers must register before deadlines — subsidy risk increases

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Economic Times
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