MHI has clarified on its 3 new schemes to promote EV ecosystem. The PM E-DRIVE scheme with an outlay of Rs. 10,900 Cr is a 2-year scheme to foster overall EV adoption, PM e-Bus Sewa-PSM scheme has an outlay of Rs. 3,435.33 Cr and aims to support deployment of +38,000 e-Buses and support payment security to operators and SPMEPCI to support e-Cars manufacturing in India.
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