India plans to double down on e-two wheeler subsidies
If the plan is executed, it would mean a change in budgeting, as the allocation for the PM E-Drive scheme in FY27 was only ₹1,500 crore, budget documents showed. This was largely expected to be used for subsidies on electric trucks, buses, and charging infrastructure, since subsidies for electric two-wheelers and L5 category three-wheelers had been exhausted, Mint reported in December 2025.
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