Electric Mobility Promotion Scheme (EMPS), 2024
New Delhi, July 24, 2024.
Ministry of Heavy Industries, vide gazette notification 1334 (E) dated 13th March, 2024, has launched the Electric Mobility Promotion Scheme (EMPS) – 2024 to provide further impetus to the green mobility and development of electric vehicle (EV) manufacturing eco-system in the country. The Scheme duration is 4 months i.e. April 01, 2024 till July 31, 2024 with an outlay of Rs. 500 crore.
EMPS 2024 is fund limited, with restricted number of vehicles and a term-limited Scheme, i.e., the subsidies for demand incentive are eligible for e-2w and e-3w sold and registered until the funds are available or the number of vehicles supported reaches the maximum number defined category-wise (shown in para above) or until July 31, 2024, whichever comes first. The EVs elig...
