PM E-Drive Powers India: 72,300 Chargers Will Electrify Roads!

The PM E-DRIVE initiative will have 72,300 new charging stations. To be installed in metro cities, highways, public facilities, and busy areas. The project is to be funded by the Government of India with ₹2,000 crore. With the aim of filling gaps in existing infrastructure and promoting the growing EV industry.

• The charging stations will be fitted at airports, metro stations, expressway halts, railway stations, government offices, and housing estates.
• The initial phase concentrates on public sector areas and high-traffic corridors to achieve maximum coverage.

Major Subsidies and Implementation Plan

To facilitate quick deployment, the scheme provides liberal subsidies:

• 100% subsidy for installations at government offices, schools, and hospitals if they are kept open to the public.
• Maximum 80% subsidy for areas such as malls and transport centers, with 70% for hardware expenses.
• Battery swapping facilities also qualify for assistance, encouraging flexible, rapid recharging.

Bharat Heavy Electricals Ltd (BHEL) has also been entrusted with the role of nodal agency. For implementation and monitoring, including the creation of unified access applications for consumers.

Union Heavy Industries Minister H.D. Kumaraswamy called the initiative “A transformation leap to clean, reliable, and affordable mobility for Indians.” The launch unites central and state authorities, private operators, and local authorities in a common mission.”

PM E-Drive: Impact on the EV Ecosystem

• The transition is anticipated to accelerate EV adoption. Decrease range anxiety, and increase domestic manufacturing of charging hardware.
• The expansion of charging helps India achieve its target of reaching net zero by 2070. Covering both city dwellers with short commutes and those traveling long distances.