SubsidyMinistry of Heavy Industries (MHI), Government of IndiaVerified 19 May 2026

PM Electric Drive Revolution in Innovative Vehicle Enhancement

The PM E-DRIVE scheme accelerates electric vehicle adoption by offering purchase subsidies and funding charging infrastructure. Active since October 2024, it's open for purchases of electric two and three-wheelers, e-trucks, e-ambulances, and electric buses.

Maximum amount
₹50K
Typical payout
₹13K
Processing time
8–17 weeks
Application window
Open year-round until targets or terminal dates are reached

Check if your startup qualifies for PM Electric Drive Revolution in Innovative Vehicle Enhancement

Answer a few questions about your company and get a free, personalised eligibility report across all active government schemes — including PM E-DRIVE.

Check eligibility — free

Eligibility criteria

Company type
Private Limited, LLP
Stage
Pre-Revenue, Early Stage (Revenue < ₹1Cr), Growth Stage (₹1Cr–₹25Cr), Scaling (₹25Cr+)
States
All India (nationwide)
Sectors
cleantech, manufacturing, logistics

Documents required

1
Aadhaar Card of the individual buyer
Mandatory for Face e-KYC during the purchase process.
Tip: Ensure the Aadhaar card is updated and linked to an active mobile number.
2
Active Mobile Number linked with Aadhaar
Mandatory for receiving the e-voucher link via SMS for subsidy application.
Tip: Confirm your mobile number is updated in the Aadhaar database.
3
Vehicle Sales Invoice
Mandatory for verifying the purchase details through the authorized dealer.
Tip: Verify that the dealer provides a proper invoice with the correct model details.
4
Digitally/physically Signed e-Voucher
Mandatory for confirming the subsidy discount on the vehicle purchase.
Tip: Ensure the e-voucher is signed properly and returned to the dealer.
5
Company PAN Card & GST certificate
Required for non-individual or commercial institutional buyers to validate tax status.
Tip: Ensure PAN and GST details are correct and match business records.
6
Valid Commercial Registration / Permits
Required for purchasing e-trucks and vehicles for commercial fleets.
Tip: Obtain valid permits and commercial registration before purchase.

How to apply for PM E-DRIVE

1
Visit an authorized vehicle dealership and select a model from the PM E-DRIVE Approved Models List.Open portal
2
The dealer will log into the portal and use the PM E-DRIVE Mobile App to initiate Face e-KYC authentication.
3
System creates a unique e-Voucher and sends a link to the buyer's mobile.
4
Download, sign the e-Voucher, and return it to the dealer for subsidy application.
5
The dealer applies the subsidy as a deduction on the vehicle invoice.
6
The dealer uploads the countersigned e-Voucher to the PM E-DRIVE Portal.

Frequently asked questions

Who is eligible for PM E-DRIVE?

PM E-DRIVE is available to Private Limited, LLP companies at the Pre-Revenue, Early Stage (Revenue < ₹1Cr), Growth Stage (₹1Cr–₹25Cr), Scaling (₹25Cr+) stage, across all Indian states (nationwide).

How much funding does PM E-DRIVE provide?

PM E-DRIVE provides up to ₹50K. Most applicants receive around ₹13K.

How long does PM E-DRIVE approval take?

The typical processing time from submission to disbursement is 8–17 weeks.

Is PM E-DRIVE currently accepting applications?

Yes, PM E-DRIVE is currently active and accepting applications. Application window: Open year-round until targets or terminal dates are reached.

Ready to apply for PM Electric Drive Revolution in Innovative Vehicle Enhancement?

Find out in minutes if you meet the eligibility criteria — and discover every other government scheme your startup qualifies for, at no cost.

Check eligibility — free

Information is based on publicly available scheme guidelines. Last verified 19 May 2026. Always verify with official sources before applying.