Summary
It provides financial incentives to lower purchase costs and funds charging stations, electric buses, and testing facilities.
The programme supports domestic manufacturing and aims to improve air quality and energy security.
Key Points
6 points1
By June 2026, 2.659 million electric vehicles had been sold, nearing the target of 2.83 million.
2
The scheme is funded with an outlay of about eleven thousand nine hundred crore rupees, extended to March 2028.
3
Buyers receive demand incentives through electronic vouchers that reduce the upfront price of eligible electric vehicles.
4
Fourteen thousand electric buses are being deployed in seven major cities to replace diesel buses.
5
Two thousand crore rupees are earmarked for a nationwide network of public electric vehicle charging stations.
6
Seven hundred eighty crore rupees are allocated to modernise vehicle testing agencies with new technologies.
New Words to Learn
7 wordsincentive
a financial reward that encourages people to buy something
infrastructure
the essential physical systems (like roads, power lines, and charging stations) needed for a service to work
localisation
the process of producing a product within a country rather than importing it
testing agencies
organizations that examine vehicles to ensure they meet safety and performance standards
upfront
the initial amount of money paid at the time of purchase
sustainable
able to continue over time without damaging the environment
ecosystem
the network of related parts—such as manufacturers, chargers, and vehicles—that interact together
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