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PM E-Drive: Incentivizing EV Innovation and Domestic Innovation

By Avalon ConsultingNovember 19, 2024November 22nd, 2024No Comments

Subhabrata Sengupta, Partner at Avalon Consulting, shared his insights on the PM E-DRIVE scheme in Energetica India Magazine.

He highlighted that the scheme encourages local assembly by allowing cell imports but restricting assembled battery packs, reducing uncertainties in EV manufacturing. Subhabrata also emphasized Aadhaar-based verification through the PM E-DRIVE app and the government’s investment in testing and surveillance upgrades, driving quality and innovation in India’s EV ecosystem.

PM E-Drive: Incentivizing EV Innovation and Domestic Innovation

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