The government revised the last date for its Electric Mobility Promotion Scheme (EMPS).
About Electric Mobility Promotion Scheme (EMPS):
- The Union Ministry of Heavy Industries launched the Electric Mobility Promotion Scheme (EMPS) in March 2024, aiming to boost the adoption of electric vehicles (EVs) across India.
- Total outlay for the scheme is Rs. 500 crore, covering a period of four months.
- Eligible EV categories include:
- Two-wheelers for private, corporate, and commercial use
- Three-wheelers, including E-Rickshaws and Carts
- Vehicles must be manufactured and registered within the EMPS 2024 validity period to qualify for incentives.
Objectives:
- To accelerate the adoption of electric two-wheelers and three-wheelers.
- To support the growth of green mobility and enhance the EV manufacturing ecosystem in the country.
Key features:
- Limited funding: Incentives are available until the allocated funds are exhausted or until the scheme’s end date, whichever comes first.
- Advanced technology focus: Only vehicles equipped with advanced batteries are eligible for incentives.
- If the allocated funds are depleted before the end date, the scheme will close, and no further claims will be accepted. Claims are processed on a first-come, first-served basis.
Ref: Source
| UPSC IAS Preparation Resources | |
| Current Affairs Analysis | Topperspedia |
| GS Shots | Simply Explained |
| Daily Flash Cards | Daily Quiz |
Frequently Asked Questions (FAQs)
What is the Electric Mobility Promotion Scheme (EMPS)?
The EMPS is a government initiative launched to encourage the adoption of electric two-wheelers and three-wheelers in India through incentives totaling Rs. 500 crore over four months.
What are the eligible categories for incentives under EMPS?
Eligible categories include two-wheelers for private, corporate, and commercial use, as well as three-wheelers like E-Rickshaws and Carts.
What is the objective of EMPS?
The main objectives of EMPS are to accelerate the adoption of electric vehicles, support green mobility, and enhance the EV manufacturing ecosystem in India.