The new scheme, worth Rs 500 crore, will encourage the usage of electric vehicles in India through the end of July and will begin on April 1. On March 13, the Heavy Industries Ministry unveiled the EMPS 2024, a fund-limited program that will cost a total of Rs 500 crore and run for four months, from April 1, 2024, to July 31, 2024.
The program’s goals are to raise awareness of green mobility, accelerate the adoption of electric two-wheelers (e-2W) and three-wheelers (e-3W), and develop the country’s EV manufacturing ecosystem. To find out more about the EMPS Scheme, read the article that follows.
Electric Mobility Promotion Scheme 2024
To accelerate the country’s switch to electric vehicles (EVs), the Ministry of Heavy Industries has introduced the Rs 500 crore Electric Mobility Promotion Scheme 2024 (EMPS 2024). For every two-wheeler, EMPS 2024 would provide up to Rs 10,000 in support. The objective is to support about 3.33 lakh two-wheelers.
The goal of the initiative is to help 3,72,215 EVs. The goal of the government’s Atmanirbhar Bharat initiative, EMPS 2024, is to establish a strong, efficient, and competitive electric vehicle manufacturing industry in India.
With this objective in mind, the Phased Manufacture Programme has been put into place to support local manufacturing and strengthen the EV supply chain. There would also be a significant rise in job opportunities along the value chain.
Electric Mobility Promotion Scheme Overview
| Yojana Name | Electric Mobility Promotion Scheme |
| Year | 2024 |
| Who Started | Indian Government |
| Objectives | To promote the kicks of e-mobility |
|
Beneficiary
|
Two-wheeler, e-rickshaws and three-wheeler EVs, |
| Country | India |
| Apply Mode | Online |
| Official Website | https://heavyindustries.gov.in/ |
Electric Mobility Promotion Scheme Eligibility Criteria
The following automobiles will receive EV incentives from the Indian government:
- The Central Motor Vehicles Rules, 1989 mandate the registration of both two-wheeled and three-wheeled electric vehicles.
- EVs with two wheels, such as those utilized for business, personal, or corporate use.
- EVs with three wheels, such as e-rickshaws, e-carts, and L5 category EVs are registered as commercial vehicles.
- A sophisticated battery system is required for EVs.
Electric Mobility Promotion Scheme Important Documents
The documents listed below are needed for the plan.
- Candidates’ mobile number
- Aadhar card
- Passport-size photo
Electric Mobility Promotion Scheme Benefits & Features
- For customers who buy electric two- and three-wheelers, the EMPS 2024 offers financial incentives.
- With subsidies ranging up to Rs 10,000 per vehicle, EMPS 2024 aims to help around 3.33 lakh two-wheelers.
- Support for tiny three-wheelers like e-rickshaws and e-carts, worth up to Rs 25,000, will be extended to over 41,000 cars. Higher three-wheelers may qualify for up to Rs 50,000 in financial aid.
- The INR 500 Cr Electric Mobility Promotion Scheme 2024 (EMPS 2024) is being introduced by the Ministry of Heavy Industries to promote the broad use of electric vehicles (EVs).
- The four months of this EMPS 2024 plan, from April 1, 2024, to July 31, 2024, will cost a total of INR 500 CR.
- Assistance up to Rs 25,000 would be given for the purchase of tiny three-wheelers (e-rickshaws and e-carts).
- Incentives under the program will be provided to about 41,000 of these vehicles.
- A large three-wheeler can receive up to Rs 50,000 in financial help.
How To Apply For the Electric Mobility Promotion Scheme
Follow the steps to apply for the Electric Mobility Promotion Scheme.
- As of right now, the government has only started to carry out its proclamation on March 13.
- Thus, the online application process for this program.
- As of right now, no information is available on the receipt of the bike or motorcycle loan amount, the location of the document upload required for subsidy, etc.
- However, the department will shortly launch its official website, where details regarding the amount of the vehicle subsidies, required paperwork, online procedures, etc., will be accessible.
Important Links
| Official Website | Official Website |
| Direct Link To Apply | Apply Link |
| Help-Line Number | 011-23063733 |
FAQ
Q. When is the Electric Mobility Promotion Program going to be in effect?
Ans. Starting on April 1, 2024, you can take advantage of this scheme’s benefits.
Q. What is the purpose of this plan?
Ans. Encouraging eco-friendly transportation and supporting the environment for EV production.