Tuesday, August 11, 2026

Centre extends e2w subsidies under PM E-DRIVE till March 2028, boosts outlay to Rs 11,900 crore

Government subsidies for electric two-wheelers will continue until March 2028. The PM E-DRIVE scheme now has an additional ₹1,000 crore allocated. Electric two-wheeler sales have already surpassed initial program targets. Electric three-wheelers no longer require these government incentives. Electric buses received the largest subsidy allocation under the PM E-DRIVE scheme.

from Auto-Industry-Economic Times https://ift.tt/3XuZPct

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Mahindra XUV 3XO REVX EDGE launched at ₹9.39 lakh; petrol automatic variant added to REVX M(O)

Mahindra has launched the new XUV 3XO REVX EDGE starting at ₹9.39 lakh. A petrol automatic variant of the REVX M(O) was also introduced for ...