Why in the News?
The Ministry of Heavy Industries (MHI) has launched E-Truck Incentive Scheme to provide financial incentives for electric trucks (e-trucks) under the PM E-DRIVE initiative.
What is E-Truck Incentive Scheme?
- Overview: It is a dedicated scheme to provide financial incentives for electric trucks under the broader PM E-DRIVE initiative.
- First-of-its-Kind Support: This is the first direct government support specifically for electric trucks to promote clean, efficient, and sustainable freight mobility.
- Target Vehicle Categories: It targets N2 and N3 category trucks, as per Central Motor Vehicle Rules (CMVR):
- N2: GVW above 3.5 tonnes up to 12 tonnes
- N3: GVW above 12 tonnes up to 55 tonnes
- Incentive for Articulated Vehicles: For articulated vehicles, the incentive applies only to the puller tractor of the N3 category, not the trailer.
- Warranty Requirements:
- Battery: 5 years or 5 lakh km, whichever comes first
- Motor & Vehicle: 5 years or 2.5 lakh km
- Incentive Details:
- Based on Gross Vehicle Weight (GVW)
- Maximum support capped at ₹9.6 lakh per e-truck
- Incentives are given as upfront discounts, reimbursed to Original Equipment Manufacturers (OEMs) through the PM E-DRIVE portal
- Deployment Goal: It aims to support the deployment of 5,600 electric trucks across India.
- 1,100 trucks reserved for Delhi, with ₹100 crore allocated due to high pollution levels
- Mandatory Scrappage Clause: To qualify, applicants must scrap an old diesel truck via scrappage centres approved by the Ministry of Road Transport and Highways (MoRTH).
- Sectoral Impact: It is expected to benefit sectors like steel, ports, cement, and logistics by reducing fuel costs and improving air quality.
About PM E-DRIVE Scheme:
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| [UPSC 2025] Consider the following types of vehicles:
I. Full battery electric vehicles II. Hydrogen fuel cell vehicles III. Fuel cell electric hybrid vehicles How many of the above are considered as alternative (powertrain) vehicles? Options: (a) Only one (b) Only two (c) All the three* (d) None |
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