PM E-DRIVE Scheme: ₹123 Crore for EV Chargers in Karnataka

Key facts

• The Union Government approved Karnataka's proposal for the installation of 1,243 electric vehicle (EV) chargers with an outlay of ₹123 crore under the PM E-DRIVE initiative.
• The Ministry of Heavy Industries (MHI) is developing the 'Unified Bharat e-Charge' platform to enable EV users to discover charging stations, access multiple charging networks, and make payments through a single interface.
• The PM E-DRIVE scheme has a total outlay of ₹10,900 crore, with ₹2,000 crore specifically earmarked for EV public charging infrastructure.
• Proposals worth ₹503 crore for 4,874 EV chargers have been cleared for Central Public Sector Enterprises (CPSEs) including Hindustan Petroleum Corporation Limited (HPCL), Indian Oil Corporation Limited (IOCL), and Bharat Petroleum Corporation Limited (BPCL), and states including Rajasthan, Andhra Pradesh, Uttar Pradesh, Gujarat, Kerala, Telangana, Karnataka, and Tamil Nadu.
• Other key initiatives include the Production Linked Incentive (PLI) Advanced Chemistry Cell (ACC) Scheme for battery manufacturing (₹18,100 crore), the PLI Auto Scheme for cleaner vehicles (₹25,938 crore), and the Rare Earth Permanent Magnet (REPM) Scheme for rare earth magnet manufacturing (₹7,280 crore).