PM E-DRIVE: Centre notifies US$ 1.30 billion (Rs. 10,900 crore) EV subsidy scheme

The Centre has officially notified the PM E-DRIVE scheme with a total outlay of US$ 1.30 billion (Rs. 10,900 crore). According to the gazette notification, the scheme will be implemented from October 1, 2024, to March 31, 2026, focusing on the faster adoption of electric vehicles (EVs), setting up charging infrastructure, and developing an EV manufacturing ecosystem in India.

iVOOMi Launches S1 Lite: India’s Most Affordable Long-Range Electric Scooter

iVOOMi Energy, a prominent player in the electric two-wheeler sector, has announced the launch of its latest electric scooter, the S1 Lite, aimed at revolutionizing affordable electric mobility. The S1 Lite offers an impressive 180 km range on a single charge, making it India’s most economical high-speed electric scooter with such a range, priced at just ₹84,999.