India’s electric vehicle (EV) landscape is undergoing a remarkable transformation, driven by strong government support and increasing consumer interest. With a focus on sustainability, energy security, and self-reliance, the government has introduced multiple policies and incentives to accelerate EV adoption and manufacturing.
Let’s explore the latest government initiatives, state-level policies, and future strategies shaping India’s EV ecosystem, and how Mobec is playing a vital role in supporting and expanding these efforts.
National Initiatives: Boosting EV Adoption
- PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE)
Launched in October 2024, PM E-DRIVE aims to make EVs more affordable through upfront purchase incentives for two-wheelers, three-wheelers, electric ambulances, and e-trucks. The scheme, with a ₹3,679 crore budget, also supports EV charging infrastructure expansion across the country.
How Mobec is leading the change:
Mobec is a key player in expanding India’s EV infrastructure. By setting up smart charging stations across both urban and rural areas, Mobec is aligning with PM E-DRIVE’s goals to ensure that EV owners have access to efficient and affordable charging facilities, thus accelerating EV adoption. - Import Duty Exemptions for EV Battery Manufacturing
To lower EV production costs, the government has removed import duties on 35 key battery components and 28 mobile phone production components. This policy strengthens India’s domestic battery manufacturing industry and makes EVs more affordable.
Mobec’s contribution:
Mobec is enhancing the value chain by investing in battery-swapping technology and integrating high-performance battery storage solutions into its charging stations. This aligns with the government’s push to boost local battery production and helps improve the overall efficiency and sustainability of EVs. - Production Linked Incentive (PLI) Scheme for EV and Hydrogen Vehicles
With a ₹26,000 crore allocation, this scheme encourages local production of EVs and hydrogen-powered vehicles. It is expected to generate 750,000 direct jobs, reduce import dependence, and promote India’s transition towards sustainable transport.
How Mobec is Contributing:
Mobec is playing a significant role by working closely with manufacturers to ensure that charging infrastructure is available at all production hubs. This contributes directly to the sustainability of the EV supply chain and supports the government’s goal of reducing reliance on imports. - Future Policies in the Pipeline
Green Urban Transport Fund (2026): Aims to subsidize electric buses and shared e-mobility solutions in metro cities.
Battery Recycling & Second-Life Use Policy (2026): Will encourage sustainable EV battery disposal and reuse.
National Highway EV Corridor (2027): Plans to install fast charging stations every 50 km on major highways to support long-distance EV travel.
Mobec is already preparing for these future policies by developing fast-charging networks along major highways and integrating battery recycling solutions into its charging infrastructure. This proactive approach ensures that Mobec will be a key partner in supporting India’s transition to a green and sustainable transport ecosystem.
State-Level Policies
- Maharashtra’s Tax Exemption for EVs
To encourage adoption, Maharashtra has removed the 6% sales tax on EVs priced above ₹30 lakh. This makes premium EVs more attractive and aligns with India’s goal of achieving 30% EV penetration by 2030. - Delhi’s Continued Push for EVs
Delhi remains a pioneer in EV adoption, offering subsidies and tax incentives for both personal and commercial EV buyers. The city has expanded its fleet of electric buses, with plans to transition completely to EV-based public transport.
Charging Infrastructure
A strong EV ecosystem requires widespread and efficient charging infrastructure. Under the FAME II scheme, the government approved 2,877 charging stations by the end of 2022, with a new target of 5,000+ stations by 2026.
Key Developments in Charging Infrastructure:
- Highway Fast-Charging Networks: Major highways are being equipped with ultra-fast EV charging hubs.
- Urban Charging Solutions: Cities are rolling out public and residential charging stations for convenience.
- Battery Swapping Policy: The government is promoting battery-swapping stations to reduce EV downtime.
Mobec is at the forefront of developing and deploying both fast-charging stations and mobile charging solutions. These innovations allow users to charge their vehicles at any time, from anywhere, making the EV ownership experience more convenient and encouraging more people to switch to electric mobility.
Conclusion
With these latest policies and future incentives, India is firmly on the path to becoming a global leader in electric mobility. The combination of national initiatives, state-level incentives, and charging infrastructure expansion is shaping a sustainable, EV-friendly future.
Mobec, as a pioneer in EV charging solutions, is playing a vital role in ensuring that these policies and incentives are seamlessly integrated into the infrastructure. By expanding its charging network and aligning with government initiatives, Mobec is contributing to a future where electric vehicles are accessible, efficient, and sustainable.
Whether you’re a prospective EV buyer, a business investing in electric mobility, or an industry enthusiast, staying updated on government policies and Mobec’s contributions will help you make informed decisions.
India’s EV revolution is here—are you ready to be part of it?
