EV makers seek extension of PM e-DRIVE, PLI at Meeting with Kumaraswamy

New Delhi: Leading electric two-wheeler manufacturers on Saturday urged the Centre to extend the PM E-DRIVE scheme and revise the Production Linked Incentive (PLI) Auto Scheme to meet the evolving needs of the industry during a meeting with Union Heavy Industries and Steel Minister H D Kumaraswamy.

The meeting focused on strengthening indigenous manufacturing and accelerating the growth of India's electric mobility ecosystem, with industry leaders outlining their plans to expand domestic production and position the country as a global manufacturing hub for electric two-wheelers.

According to an official statement, manufacturers highlighted their investments in homegrown engineering, product development and indigenous manufacturing capabilities while sharing their vision for building globally competitive electric mobility platforms.

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Industry representatives also briefed the minister on the sector's evolving requirements and stressed the need for continued policy support to help Indian manufacturers scale up production and enhance their presence in domestic and overseas markets.

A key demand raised during the discussions was the extension of the PM E-DRIVE scheme, which provides incentives for electric mobility, including electric two-wheelers. Manufacturers also sought revisions to the PLI Auto Scheme to better align it with the changing requirements of the industry.

Responding to the industry, Kumaraswamy assured stakeholders that the Ministry of Heavy Industries would extend all possible support to promote innovation and manufacturing in the sector.

The minister said the government remained committed to creating an enabling ecosystem that allows Indian manufacturers to innovate, scale up and compete globally, in line with the broader vision of Aatmanirbhar Bharat and Viksit Bharat 2047.

The minister also reiterated the government's commitment to Prime Minister Narendra Modi's target of achieving Net Zero emissions by 2070, saying the transition to clean mobility and the expansion of indigenous electric vehicle manufacturing would be central to achieving that goal.

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Among those who attended the meeting were Ather Energy Co-founder and CEO Tarun Mehta, Matter Founder and CEO Mohal Lalbhai, River Co-founder and CEO Aravind Mani, Euler Motors Founder and CEO Saurav Kumar, and Raptee.HV Co-founder and CEO Dinesh Arjun.

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