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Electric Mobility Promotion Scheme – EMPS 2024 Eligibility and Subsidy Amount!

The Electric Mobility Promotion Scheme 2024 in India encourages electric two-wheelers (e-2W) and electric three-wheelers (e-3W) for commercial purposes. It runs from April 1, 2024 to July 31, 2024, with a budget of Rs. 500 crore over four months.

Electric Mobility Promotion Scheme

The EMPS 2024, introduced by the Ministry of Heavy Industries in India, aims to promote the adoption of electric vehicles, specifically electric two-wheelers (e-2W) and electric three-wheelers (e-3W), for commercial purposes. 

This scheme, with a budget of Rs. 500 crore, will run for four months starting from April 1, 2024. It offers subsidies of up to Rs. 10,000 per e-2W, up to Rs. 25,000 per light e-3W, and up to Rs. 50,000 per large e-3W. 

The objective is to accelerate the transition to green mobility, support the electric vehicle industry, and encourage the use of advanced battery technologies in electric vehicles.

Eligibility Criteria for EMPS 2024

Eligibility criteria to avail the Electric Mobility Promotion Scheme (EMPS) 2024:

Vehicle category:

  • The scheme is applicable solely to electric two-wheelers (e-2W) and electric three-wheelers (e-3W). This means four-wheeler electric vehicles and electric buses are not included.

Vehicle Specifications:

EMPS prioritises domestically manufactured EVs:

  • Vehicles must adhere to a certain level of localization requirements set by the government.  This ensures the scheme supports the domestic EV industry.

Warranty:

  • To ensure quality and after-sales service, EVs must come with a comprehensive warranty of:
    • 3 years or 20,000 km for e-2Ws.
    • 3 years or 80,000 km for e-3Ws. Notably, this warranty needs to explicitly cover the battery, a crucial EV component.
  • Battery Technology: The e-2W or e-3W must be equipped with a Lithium-ion battery.
  • Registration: The vehicle must be registered for private use and not for commercial purposes.
  • Certification: The vehicle must be certified for compliance with the Latest Amendment to Battery Electric Vehicle Standards.

Ex-factory price cap:

  • A maximum ex-factory price limit applies to qualify for the subsidy amount:
    • Rs. 1,50,000 for e-2Ws.
    • Rs. 2,50,000 for small e-3Ws (e-rickshaws and e-carts).
    • Rs. 5,00,000 for large e-3Ws.

Electric Mobility Promotion Scheme

How to apply for an Electric Mobility Promotion Scheme?

Expected Application Process:

  • Scheme validity: The EMPS 2024 is operational from April 1, 2024, to July 31, 2024.

Here’s a general outline of the process involved:

  • Vehicle purchase: Purchase a new e-2W or e-3W that meets the eligibility criteria (refer to previous answer).
  • Application submission:
    • Visit the designated online portal
    • Provide required details like your personal information, vehicle details, and any necessary documents.
    • Ensure all details are accurate and complete.
  • Document submission: Documents like vehicle registration certificate, proof of purchase, etc
  • Verification and approval: The application will be reviewed and verified by the concerned authorities.
  • Subsidy disbursement: Upon successful verification, the subsidy amount will likely be directly credited to the applicant’s bank account.

Electric Mobility Promotion Scheme Amount

The Electric Mobility Promotion Scheme (EMPS) 2024 offers tiered subsidies based on the type of electric vehicle (EV) purchased:

Vehicle Type Subsidy per kWh (if applicable) Maximum Subsidy Limit
Electric Two-wheeler (e-2W) Rs. 5,000 Rs. 10,000
Small Electric Three-wheeler (e-3W) Up to Rs. 25,000
Large Electric Three-wheeler (e-3W) Up to Rs. 50,000
  • The subsidy amount is not a flat discount on the vehicle price.
  • For e-2W vehicles, the actual subsidy received will depend on the battery capacity (kWh).

Expected Outcomes of Electric Mobility Promotion Scheme 

The EMPS 2024 aims for multiple positive outcomes from April to July 2024:

Increased EV adoption: The direct financial incentive through subsidies is expected to:

  • Boost sales: A rise in electric two-wheeler (e-2W) and three-wheeler (e-3W) purchases is anticipated, potentially reaching the targeted 3.72 lakh units.
  • Attract new buyers: The scheme can encourage individuals who might have been hesitant due to the initial cost of EVs to consider them as a viable option.

Economic benefits:

  • Growth of domestic EV industry: Increased demand for EVs can stimulate domestic EV production, creating a ripple effect on various sectors like component manufacturing and service industries.
  • Job creation: The growth of the EV ecosystem can lead to job opportunities in manufacturing, service stations, and related sectors.

Environmental impact:

  • Reduced air pollution: By replacing a portion of conventional vehicles with EVs, the scheme can contribute to a noticeable decrease in air pollution levels, especially in urban areas.
  • Lower greenhouse gas emissions: The shift towards electric mobility will lead to a reduction in carbon footprint.

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