New scheme for electric trucks
Government on Friday launched the first scheme to provide incentives on purchase of electric trucks of up to `9.6 lakh per vehicle as part of the Government’s PM E-DRIVE initiative. Industries including ports, logistics, cement and steel will be the key beneficiaries of the scheme, which envisages support of up to 5,600 electric trucks. “It will drive our nation toward sustainable freight mobility, a cleaner future,” Minister for Heavy Industries and Steel Kumaraswamy said. Later, in a post on X, the minister said this effort will also boost Make in India, encourage localisation, reduce logistics cost, and create green jobs across EV and battery value chains.