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India Unveils New National Electric Vehicle Subsidy Scheme to Boost Adoption

Summary

The Indian government announced a new subsidy scheme on March 12, 2026, aimed at accelerating electric vehicle (EV) adoption nationwide. The initiative offers up to ₹1.5 lakh in in

The Indian government announced a new subsidy scheme on March 12, 2026, aimed at accelerating electric vehicle (EV) adoption nationwide. The initiative offers up to ₹1.5 lakh in incentives for buyers of electric two-wheelers and cars. According to PTI, the scheme targets reducing urban pollution and dependency on fossil fuels, aligning with India’s net-zero goals for 2070. The policy also includes tax breaks for manufacturers investing in EV technology. Officials expect a 40% increase in EV sales within the next year due to this push.
15h ago
India Unveils New National Electric Vehicle Subsidy Scheme to Boost Adoption

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