Government of India clears $53M in new funds for EV chargers under PM E-Drive scheme
The allocation supports the nationwide charging rollout, extensive subsidies and strategic scaling to bolster EV adoption and India’s long-term energy security goals
The Government of India's Heavy Industries Ministry has approved the disbursal of ₹5030 million (about $53 million) for the installation of 4,874 public electric vehicle (EV) charging stations under the PM E-Drive scheme. The move is part of a major infrastructure rollout to accelerate EV adoption in India and strengthen energy security.
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