India’s First-Ever e-Truck Incentive Scheme Launched

Ministry of Heavy Industries (MHI) has launched India’s first-ever financial incentive scheme for electric trucks under the PM E-DRIVE initiative. This landmark scheme aims to decarbonize heavy freight transport by reducing dependence on diesel trucks and promoting clean, efficient, and indigenous electric truck manufacturing.

Key Features of e-Truck Incentive Scheme

Objective:

  • To accelerate the deployment of e-trucks, promote indigenous EV manufacturing, reduce logistics costs, and cut GHG emissions.

Background Need:

  • Diesel trucks make up only 3% of total vehicles, but emit 42% of transport-related greenhouse gases.

Eligibility & Categories (as per CMVR):

  • N2 Category: GVW > 3.5 tonnes & ≤12 tonnes
  • N3 Category: GVW > 12 tonnes & ≤55 tonnes (Only puller tractor for articulated vehicles)

Financial Incentive:

  • Up to ₹9.6 lakh per e-truck as upfront purchase reduction.
  • Reimbursement routed via PM E-DRIVE portal, on first-come, first-served basis.

Quality Assurance:

  • Battery warranty: 5 years or 5 lakh km
  • Motor & Vehicle warranty: 5 years or 2.5 lakh km

Deployment Target:

  • Total e-trucks supported: ~5,600
  • Special allocation for Delhi: 1,100 e-trucks
  • Budget for Delhi allocation: ₹100 crore  (In view of high pollution levels in the capital)

Mandatory Scrappage:

  • Old diesel truck scrappage is compulsory to avail incentives, enabling:
    • Fleet modernization
    • Pollution control

Industries & Stakeholders Involved

StakeholderContribution
Volvo Eicher, Tata Motors, Ashok LeylandEngaged in e-truck manufacturing
SAIL (Steel Authority of India Limited)Pledged to procure 150 e-trucks over 2 years; 15% of hired fleet to be electric
Logistics, Cement, Steel, and Port sectorsMajor beneficiaries of the scheme

Significance

Focus AreaImpact
Clean TransportAims to reduce emissions from heavy vehicles
Economic GrowthBoosts Make in India, lowers transport costs
Public HealthImproves urban air quality
Energy SecurityReduces fossil fuel dependence

About PM E-DRIVE Initiative

Full Form: PM Electric Drive Revolution in Innovative Vehicle Enhancement

Launched By: Ministry of Heavy Industries (MHI)

Objective:

  • Build a self-reliant EV ecosystem
  • Promote EV adoption across segments
  • Strengthen domestic manufacturing & charging infra
  • Help India reach Net-Zero Emissions by 2070

Budget & Allocations (2024–26)

Total Outlay: ₹10,900 crore over 2 years

CategoryAllocation
e-2Ws, e-3Ws, ambulances, trucks₹3,679 crore
Electric ambulances₹500 crore
e-Buses (14,028 units across 9 cities)₹4,391 crore
Charging infrastructure (72,300 stations)₹2,000 crore

Major Cities for e-Buses: Delhi, Mumbai, Kolkata, Chennai, Ahmedabad, Surat, Bengaluru, Pune, Hyderabad

Implementation Highlights

  • Digital e-Voucher System: Aadhaar-authenticated, signed by buyer and dealer.
  • Scrappage Mandate: Compulsory for claiming incentives on e-trucks.
  • Testing Support: Assistance for upgrading EV testing agencies.
  • Extended Scope: Goes beyond FAME-II to include:
    • e-Trucks
    • e-Ambulances
    • Public Charging Infrastructure

Key Facts

TopicFact
CMVR Full FormCentral Motor Vehicle Rules
Ministry of Heavy Industries HQNew Delhi
SAIL HeadquartersNew Delhi
India’s Net-Zero Target2070
Vision DocumentViksit Bharat @2047
FAME Scheme Full FormFaster Adoption and Manufacturing of Hybrid and Electric Vehicles
EV Battery Warranty Norm5 years or 5 lakh km (whichever earlier) under e-truck scheme

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