- Ministry of Heavy Industries launches scheme to promote use of electric trucks in India under PM E-DRIVE.
- Financial help up to Rs 9,60,000 per electric truck for N2 and N3 vehicle categories.
- Required warranty and scrappage policy to modernize fleets and reduce emissions.
Ministry of Heavy Industries (MHI) has recently set out the guidelines for the Scheme to Promote Deployment of Electric Trucks in India under PM E-DRIVE. This new scheme aims to encourage clean freight transport by offering strong financial help for electric trucks, especially in the N2 and N3 categories. If you’re in logistics, manufacturing, or operate heavy vehicles, this scheme could help cut your costs while supporting India’s green transport goals.
Incentives and Who Can Apply for Electric Trucks
The scheme targets electric trucks classified as N2 and N3 according to Central Motor Vehicle Rules. N2 trucks weigh more than 3.5 tonnes and up to 12 tonnes, while N3 trucks weigh between 12 and 55 tonnes. Vehicle owners and manufacturers who meet these conditions can apply for financial benefits to lower the upfront price of electric trucks.
Incentive Amounts and Distribution Plan
The incentives can go up to Rs 9,60,000 per vehicle, given as a direct discount on the purchase price. These funds are reimbursed to original equipment manufacturers (OEMs) on a first-come, first-served basis through the PM E-DRIVE portal. The government plans to support deployment of around 5,600 electric trucks across the country, including a specific portion of 1,100 trucks for vehicles registered in Delhi. This is supported by a budget of Rs 1 billion to target air pollution in the capital.
Warranty Terms and Vehicle Scrapping Policy
To guarantee quality and durability, electric trucks under the scheme must have a 5-year or 500,000 km warranty on batteries, whichever comes first. Also, vehicle and motor warranties must cover 5 years or 250,000 km. An important rule is the required scrapping of old diesel trucks to qualify, encouraging replacement of polluting vehicles and modernizing freight fleets.
Main Groups Involved and Beneficiaries
This scheme is aimed at manufacturers, heavy vehicle operators, and sectors like cement, ports, steel, and logistics. It supports OEMs actively making electric trucks in India while offering big benefits to logistics companies looking for cleaner transport options.
Also Read – PM E-DRIVE Scheme: Get Up to ₹9.6 Lakh Subsidy on Electric Trucks
Industry Commitments and Impact Examples
Major organizations like Steel Authority of India Limited (SAIL) have already promised to adopt electric trucks, planning to buy 150 vehicles over the next two years. SAIL also plans to have at least 15% of the vehicles at its plants and units as electric models. These efforts are expected to bring big environmental benefits by cutting emissions and improving air quality.
Aspect | Details |
---|---|
Scheme Name | Scheme to Promote Deployment of Electric Trucks in India under PM E-DRIVE |
Maximum Incentive | Rs 9,60,000 per truck |
Eligible Vehicle Categories | N2 (3.5 to 12 tonnes GVW), N3 (12 to 55 tonnes GVW) |
Total Supported Trucks | Around 5,600 trucks nationwide |
Dedicated Allocation for Delhi | 1,100 trucks |
Budget for Delhi Allocation | Rs 1 billion |
Battery Warranty | 5 years or 500,000 km |
Vehicle & Motor Warranty | 5 years or 250,000 km |
Scrappage Policy | Required scrapping of old diesel trucks to qualify |
Key Beneficiary Sectors | Cement, Ports, Steel, Logistics |
Official Website | heavyindustries.gov.in |
This new scheme gives you a strong chance to shift towards greener freight options. Keep an eye on the Ministry of Heavy Industries portal for the latest updates and details on how to apply.