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e-Truck Incentive Scheme

e-Truck Incentive Scheme:

The Union Minister for Heavy Industries, Government of India, has launched a groundbreaking scheme to provide financial incentives for electric trucks (e-trucks) under the PM E-DRIVE initiative.It aims to reduce operational costs for transporters, encourage clean energy adoption in the heavy vehicle segment, and enhance air quality in urban and industrial regions bringing India closer to a sustainable, low-carbon future. It helps to accelerate India’s transition to clean, efficient, and sustainable freight mobility. It is the first time the Government of India is extending direct support for electric trucks.