REGULATORY · MARKET STRUCTURE · INDIA
Centre extends electric two-wheeler subsidies
Change
India's central government extended electric two-wheeler subsidies until July 31, 2026.
Why it matters
The Ministry of Heavy Industries extended e2w subsidies through July 31, 2026 and raised the e2w sales target to 2.48 million. That preserves subsidized purchase support but requires faster deployment by manufacturers and programme managers to meet the larger target. Funding for e-rickshaws and e-carts was cut from ₹192 crore to ₹50 crore and their subsidy window extended to March 31, 2028, restricting scale-up in those categories.
Implications · Who is affected · What to watch
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