EMPS scheme extended until Sept 30, outlay enhanced by Rs 270 crore: Details

With the expiration of the FAME-II scheme on March 31, the central government has reaffirmed its commitment to promoting electric mobility in India by announcing the Electric Mobility Promotion Scheme 2024 (EMPS 2024). The EMPS 2024 scheme, initially launched with a budget of Rs 500 crore for a four-month period from April 1 to July 31, 2024, has now been extended to September 30, 2024.
EMPS 2024: Additional budget overlay
Along with the validity extension, an additional Rs 270 crore has been allocated, bringing the total outlay to Rs 778 crore. The scheme focuses on incentivizing the adoption of electric two-wheelers (e-2Ws) and three-wheelers (e-3Ws), boosting green mobility and the EV manufacturing ecosystem in India.

EMPS 2024: Scheme targets and incentives
EMPS 2024 aims to support a total of 5,60,789 electric vehicles, including 500,080 electric two-wheelers and 60,709 electric three-wheelers. This includes 13,590 rickshaws and e-carts, as well as 47,119 e-3Ws in the L5 category. To promote advanced technologies, incentives will be available only for EVs equipped with advanced batteries. Like before, the scheme is fund-limited and targets specific numbers for each defined category.
The scheme applies to electric two-wheelers and three-wheelers, including registered e-rickshaws, e-carts, and L5 e-3Ws. It emphasizes providing affordable and environmentally friendly public transportation options, mainly for commercial purposes. Additionally, privately or corporately owned registered e-2Ws will also be eligible under the scheme.
EMPS 2024: Subsidies and administration
The majority of the budget, Rs 769.65 crore, is allocated for subsidies and demand incentives for e-2Ws and e-3Ws. The remaining Rs 8.35 crore is designated for administrative costs, including Information, Education & Communication (IEC) activities and fees for the Project Management Agency.