Electric Mobility Promotion Scheme: The Indian government has unveiled a new scheme to promote the sale of electric two- and three-wheelers. The Heavy Industries Minister announced an allocation of Rs 500 crore for the EMPS scheme for 2024.
The program will run for four months from April 1. Read the article below to know more about the Power Mobility Promotion Scheme.
EMPS Scheme Details in Highlights
| Name of the scheme | Electric Mobility Promotion Scheme |
| Launched by | Minister of Heavy Industries |
| Launched on | On March 13, |
| Objective | to boost two, three-wheeler sales |
| Mode | online |
| Beneficiaries | two-wheeler, three-wheeler EVs, e-rickshaws |
| Budget allocated | ₹500 crore |
| Official Website | – |
Objectives of Electric Mobility Promotion Scheme
The EMPS Scheme launched on March 13 is aimed to promote e-mobility in the country. The government increased the funding under the Faster Adoption & Manufacturing of Electric Vehicles in India (FAME-II) program in February 2024 from Rs 10,000 crore to Rs 11,500 crore.
Electric two-, three–, and four-wheelers sold until March 31, 2024, or until funds are available, whichever comes first, would be eligible for these demand incentive subsidies.
Details of Incentives and Cap per Vehicle Type
| Vehicle Type | Quantity | Incentive (per KWH) | Cap |
| Electric Two-Wheelers (e2w) | 3.37 lakh | ₹5000 | ₹10000 |
| Electric Three-Wheelers (e3w) | 41306 | ₹5000 | ₹25000 |
| Electric Rickshaws (e ricks) | 13590 | ₹5000 | ₹25000 |
| Large Electric Three-Wheelers (L5 e3w) | 25238 | ₹5000 | ₹50000 |
Benefits of Electric Mobility Promotion Scheme
- The new initiative reflects the government’s efforts to boost electric mobility and achieve zero targets.
- About 400,000 e2W and e3W units will be supported with the Rs 500 crore allocated over four months.
- In response to growing demand and to ease the financial pressure on electric car manufacturers, the government has reduced the maximum subsidy for e2W cars from Rs 22,500 to Rs 10,000 and e3W vehicles from Rs 111,505 to Rs 50,000. Both types of vehicles will be offered Rs 5,000 per kilowatt-hour (kWh) as an incentive.
- For the EMP Plan 2024, the central government has allocated ₹500 crore.
Documents Required for EMPS Scheme
- Applicants Aadhar Card
- Passport size Photograph
- PAN Card
- Mobile number
Features of Electric Mobility Promotion Scheme
- The plan aims to support the project and prepare it for a post-grant environment.
- The program will run for four months starting April 1st.
- The special program aims to increase sales of electric rickshaws, two-wheelers and three-wheelers.
- The government aims to subsidize about 3.3 million motorcycles. A financial subsidy of ₹10,000 will be provided for each two-wheeler under the scheme.
- Under the scheme, the government intends to cover around 31,000 small three-wheelers (e-rickshaws and e-karts) and provide ₹25,000 to help with their purchase.
- A financial assistance of ₹50,000 is being offered for the purchase of a large tricycle.
- Under the Electric Mobility Promotion Scheme 2024, the incentive for electric two-wheelers has been reduced from ₹22,500 to ₹10,000.
- It has been fixed at ₹50,000 for cars with larger batteries and ₹25,000 for e-rickshaws.
Eligibility Criteria for Electric Mobility Promotion Scheme
- Only two-wheelers and three-wheelers are eligible for this scheme.
- While the government offers incentives for both e2W and e3W classes, the new policy will not offer any such incentives for e4W and e-buses.
Application Process of Electric Mobility Promotion Scheme
- Go to the official website of the EMPS Scheme.
- On the home screen, go to the Apply here option and click on it.
- A new page will open before you, enter all the required details carefully.
- Upload the necessary documents.
- Click on the submit option.
- Save the application form in PDF format for later use.
Common Fellowship Portal Launched to Apply for Post-Doctoral
BCCI Test Cricket Incentive Scheme
FaQ
Q.What is the future of electric mobility?
Ans.The panelists agreed that shared, autonomous, and electric vehicles could be a bright future for sustainable public transport and green recovery after the pandemic
Q.What is the Eligibility Criteria for Electric Mobility Promotion Scheme?
Ans.Only two and three-wheelers are eligible for this scheme.
Even though the government is providing incentives for the e2W and e3W categories, the new plan will not provide any incentives of this kind for e4W and e-buses.
Q.What is the Features of Electric Mobility Promotion Scheme ?
Ans.The plan aims to support the project and prepare it for a post-grant environment.
The program will run for four months starting April 1st.
The special program aims to increase sales of electric rickshaws, two-wheelers and three-wheelers.
The government aims to subsidize about 3.3 million motorcycles. A financial subsidy of ₹10,000 will be provided for each two-wheeler under the scheme.
Under the scheme, the government intends to cover around 31,000 small three-wheelers (e-rickshaws and e-karts) and provide ₹25,000 to help with their purchase.
Q.What is the Documents Required for EMPS Scheme ?
Ans.Applicants Aadhar Card
Passport size Photograph
PAN Card
Mobile number
Electric Mobility Promotion Scheme (EMPS) 2024: Apply for Subsidy, Benefits brothers, if you are liked given with the information then plz like and share so that other farmer brothers can also be helped.