Mr. Vinod Aggarwal, MD & CEO, VECV


Mr. Vinod Aggarwal, MD & CEO, VECV said, "We welcome the PM E-DRIVE scheme as a significant step in further accelerating India's journey towards adoption of electric vehicles. This scheme will incentivize customers to adopt environment friendly electric two-wheelers, three-wheelers, trucks, buses and ambulances. The scheme also addresses the charging infrastructure by supporting 88,500 electric vehicle chargers across the country.

With meaningful outlay of 10,900 Cr, the PM E-DRIVE program reflects our government's resolve to fast-track adoption of electric mobility and encourages industry to step up R&D, manufacturing and commercialization of clean EV technology.

The payment security mechanism scheme announced for PM E-Bus Sewa will facilitate Public Transport Authorities to acquire 38,000 e-buses over the next 5 years."