Central demand incentive only — not FAME-II, not state EV policy.
PM E-DRIVE outlay ₹10,900 crore · As of July 2026, eligible e-2Ws (Ola S1, TVS iQube, Chetak & more) typically get a flat ₹5,000
⚡ Quick-select approved-style models
📋 Your purchase details
Incentive depends on the date the vehicle is registered under the scheme
Most e-scooters are 2–4 kWh — enough to hit the ₹5,000 e-2W cap
Scheme uses ex-factory, not ex-showroom. Ask the dealer for the ex-factory figure.
Used only to show your net price after the central incentive
Separate from PM E-DRIVE — enter if you already know your state cash subsidy
Registered e-2Ws (private or corporate) and commercial e-3Ws are the primary demand-incentive targets
Results update as you change values · Confirm live eligibility on the PM E-DRIVE portal / with your dealer
📊 Your PM E-DRIVE incentive
Central incentive
—
PM E-DRIVE demand incentive
Rate applied
—
per kWh for your date
Net price after central
—
vs your quote
Total estimated benefit
—
central + optional extras
🧮 How the amount is calculated
Disclaimer: Estimates based on published PM E-DRIVE notifications and parliamentary replies (outlay ₹10,900 crore; e-2W demand incentive terminal date 31 July 2026; e-rickshaw/e-cart support to 31 March 2028; e-3W L5 closed 26 December 2025). Actual incentive is subject to model certification, e-voucher generation, fund availability, and dealer processing. This is not a quotation or government advice.
📌 Scheme snapshot
Central outlay
₹10,900 cr
Current e-2W rate
₹2,500 / kWh
e-2W vehicle cap
₹5,000
e-2W price ceiling
₹1.5 lakh
e-2W window
to 31 Jul 2026
E-rickshaw window
to 31 Mar 2028
Incentive = min(rate × battery kWh, segment cap, 15% of ex-factory). Private cars are not covered under PM E-DRIVE demand incentive.
🪪 How you claim it
1. Buy an eligible certified model — OEM must be listed on the PM E-DRIVE portal with a valid certificate for your segment.
2. Generate the e-voucher at purchase — Aadhaar FACE-authenticated e-KYC creates an e-voucher on your registered mobile; booking alone is not enough.
3. Dealer deducts the incentive — The demand incentive is passed through at the point of sale / registration. You should see it itemised on the invoice.
4. Confirm the date — For e-2Ws the demand-incentive window ends 31 July 2026 (fund-limited, so it can close earlier). E-rickshaws / e-carts continue to 31 March 2028.
❓ Quick answers
Is this the same as FAME-II?
No. FAME-II ended; PM E-DRIVE is the successor central scheme. State EV subsidies and road-tax waivers are separate and not calculated here unless you enter them manually.
Why do Ola S1 / iQube / Chetak all show ₹5,000?
From April 2025 the e-2W rate is ₹2,500 per kWh capped at ₹5,000. Any scooter with a 2 kWh+ pack hits the cap, so the headline benefit is a flat ₹5,000 on eligible models under ₹1.5 lakh ex-factory.
What if my scooter is above ₹1.5 lakh ex-factory?
It is not eligible for the e-2W demand incentive, even if the battery is large. Some premium variants (for example higher-spec Ather models) fall outside the ceiling.
Do electric cars get PM E-DRIVE cash subsidy?
No. Private electric cars are outside the demand-incentive segments. Support focuses on e-2W, e-3W, buses, trucks, ambulances, and charging infrastructure.