Central Government has issued detailed guidelines for the Electric Trucks Subsidy Scheme, aimed at accelerating the adoption of electric heavy-duty vehicles across India. The initiative comes under the Electric Mobility Promotion Scheme (EMPS) 2024, recently announced by the Ministry of Heavy Industries (MHI).
The scheme will support demand incentives for electric trucks in categories N2 and N3, which include medium and heavy-duty goods carriers. The incentives will be applicable for trucks registered from April 1 to July 31, 2024, with the total outlay directed under the EMPS 2024 framework.
Under the new guidelines, OEMs (Original Equipment Manufacturers) must be empanelled with the ministry to claim incentives. Manufacturers will need to submit verified vehicle data through an official portal, including critical documents such as battery pack details, vehicle registration, and performance certificates. The subsidy amount will be transferred directly to the OEMs post-verification.
For vehicles eligible under the scheme, the subsidy will be calculated based on their battery capacity and performance metrics, following a maximum incentive cap. The government intends to make the scheme efficient, transparent, and result-oriented to ensure a smooth transition toward electric commercial transportation.
The Ministry also emphasized that the subsidy aims to lower the upfront cost of electric trucks, making them financially viable for logistics operators. This step aligns with India’s broader decarbonization targets and the push for cleaner transportation alternatives in commercial fleets.
Through these updated guidelines, the Centre reinforces its commitment to advancing sustainable freight solutions. With the commercial transport sector contributing significantly to vehicular emissions, this scheme could play a pivotal role in reshaping India’s logistics ecosystem with environment-friendly alternatives.
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