PM E-DRIVE Scheme Extended Till March 2028; e2W Incentive Capped at Rs 5,000

Exam-focused facts from the 13 August 2026 current affairs briefing.

Key facts

The Ministry of Heavy Industries extended the PM E-DRIVE Scheme till March 31, 2028.
The incentive for electric two-wheelers has been halved to Rs 2,500 per kWh, capped at Rs 5,000 per vehicle.
The total outlay of the PM E-DRIVE Scheme is Rs 11,900 crore.
The maximum ex-factory price for electric two-wheelers to avail the incentive is Rs 1.5 lakh.