Over 13.61 Lakh EVs Receive Incentives Under PLI-Auto Scheme

The government has provided incentives to more than 13 lakh 61 thousand electric vehicles so far under the Production Linked Incentive, PLI-Auto Scheme. 

The Heavy Industries Ministry said, the scheme offers incentives ranging from 13 to 18 per cent for Electric Vehicle and Hydrogen Fuel Cell components and 8 to 13% for other Advanced Automotive Technology



components.

The Ministry said, incentives have been provided to over ten lakh electric two-wheelers, over two lakh three-wheelers, around 80 thousand four-wheelers and around one thousand 400 electric buses. 

The scheme was approved in 2021 to enhance the country’s manufacturing capabilities for Advanced Automotive Technology products, overcome cost disabilities and build a robust supply chain.