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Electric Mobility Promotion Scheme 2024
April 10 , 2024
26 days
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- Electric Mobility Promotion Scheme 2024 (EMPS 2024) scheme is being introduced by Ministry of Heavy Industries, Government of India.
- This is a fund limited scheme with a total outlay of Rs. 500 crores for the period of 4 months, w.e.f. 1st April 2024 till 31st July 2024.
- This is aims to faster adoption of electric two-wheeler (e-2W) and three-wheeler (e-3W) to provide further impetus to the green mobility and development of electric vehicle (EV) manufacturing eco-system in the country.
- Hero MotoCorp, Bajaj Auto, TVS, Ather Energy, Ola Electric Mobility, and Kinetic Green have received approvals to sell two-wheelers and claim subsidy under the EMPS 2024.
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