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Govt to roll out e-truck subsidy—but with a rider and the clock ticking
Mint Mumbai
|July 03, 2025
The ministry of heavy industries is considering a subsidy of ₹5,000 per kWh of battery capacity for electric trucks, two people said, with about nine months left for its flagship electric vehicles incentive scheme to expire.
The government was earlier considering two subsidy options for e-trucks—₹5,000 per kWh and ₹7,500 per kWh, one of them said. Following consultations with stakeholders last month, "the ₹5,000 per kWh subsidy is being considered at the moment", this person said.
That would amount to a ₹12.5-20 lakh subsidy per e-truck.
Mint couldn't ascertain what transpired during the stakeholder consultations.
Detailed guidelines for availing subsidies for e-trucks under the PM E-Drive scheme will be notified in a few weeks, said the second person. Both of them requested anonymity.
This story is from the July 03, 2025 edition of Mint Mumbai.
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