menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Startup News

>

PM E-Drive...
source image

Inc42

1M

read

63

img
dot

Image Credit: Inc42

PM E-Drive: Centre Tightens Localisation Norms For EV Component Suppliers

  • The Centre has tightened localisation norms for EV manufacturers seeking subsidies under PM E-DRIVE scheme.
  • Beneficiaries must disclose component sources and notify the ministry of heavy industries of any changes.
  • The Centre can claw back subsidies in violation of scheme norms; testing agencies can inspect suppliers.
  • The PM E-DRIVE scheme aims to increase EV penetration with subsidies, charging infrastructure support, and local manufacturing.

Read Full Article

like

3 Likes

For uninterrupted reading, download the app