With the growing concerns of climate change, switching to a sustainable transportation model, is the need of the hour. To cater to this goal, the Electric Mobility Promotion Scheme(EMPS) 2024 is a scheme introduced by the Ministry of Heavy Industries, Government of India might be a game changer. The objective of EMPS 2024, is to accelerate the adoption of EVs in the country. The scheme aims at faster adoption of electric two wheeler and three wheeler vehicles to provide a boost to green mobility and development of electronic vehicles in the manufacturing ecosystem. The scheme is a fund limited scheme with an outlet of rupees 500 crores for a period of 4 months from 1 April 2024 till July 2024.
Under the scheme, all two wheeler (e-2W) and three wheeler (e-3W) vehicles registered for commercial purposes will be covered in order to provide affordable and environmentally friendly public transport options for the muscles. Only two wheeler vehicles para private or corporate owned will be eligible under the scheme.
The subsidies or demand and sentence will be reimbursed to the EV manufacturers upon the sale of the vehicle.
Goal
The electric mobility promotion scheme has an ambitious goal of providing subsidies for roughly 3.33 lakh to wheeler across the country. It is a step towards atma nirbhar Bharat and developing a resilient and competitive electric vehicle market in India.
Scheme name | Electric Mobility Promotion Scheme (EMPS) |
Launch Date | 13 March 2024 |
Launched By | Minister of Heavy Industries |
Implementation Period | 1 April 2024 – 31 July 2024 |
Objective | To improve sales of two and three-wheeler electric vehicles |
Allocation of Budget | Rs. 500 crore |
Beneficiaries | Two-wheeler EVs, three-wheeler EVs, e-rickshaws, e-carts |
Benefits under EMPS 2024
- Financial support of ₹10,000 per vehicle will be provided for two wheelers.
- Financial support of ₹25,000 each for 31,000 small 3 wheelers (e-rickshaws and e-carts) to be covered.
- Financial support of ₹50,000 each will be provided for the purchase of large three wheeler vehicles.
Vehicle Type | Quantity | Incentive |
Electric Two-wheelers (e2W) | 3.33 lakh | ₹10000 |
Electric Three-Wheelers (e3W) | 41306 | ₹25000 |
Electric Rickshaws (e-rickshaws) | 13590 | ₹25000 |
Large Electric Three-Wheelers (L5 e3W) | 25238 | ₹50000 |
Why is EMPS 2024 good?
- To receive the benefits of the scheme EV must be manufactured and registered by 31 July 2024.
- After the manufacturer has applied to the ministry of heavy industries for incentives, the testing agency will certify the vehicle and forward to MHI the incentive amount.
- Before dispatching the vehicle to the dealer, the manufacturer must deduct the incentive amount from the bill.
- This will significantly bring down the purchase price of the electric vehicle, thereby promoting green mobility.
Eligibility
EV subsidies will only be provided to :
- Two wheeler and three wheeler electric vehicles registered under Central Motor Vehicles Rules, 1989.
- Two wheeler electric vehicles including vehicles used in commercial, private and corporate sectors.
- Three wheeler electric vehicles including e-carts, e-rickshaws and L5 category Electric vehicles registered as commercial vehicles.
- EVs equipped with sophisticated batteries will be eligible for the scheme.
Benefits of EMPS 2024
- A step towards green mobility.
- Promotes adoption of green vehicles in India
- Help boost the electric vehicle sales
- Encourages improved battery technology
- Promotes a competitive EV market
- Create innumerable employment opportunities
How to apply for EMPS 2024?
To apply for electric mobility promotion scheme, one must :
- Visit the official website of EMPS 2024.
- On the home screen click on the ‘apply here’ option.
- A new page opens.
- Enter all the required details carefully.
- Upload the necessary documents.
- Finally click on the submit now option.
- Save your application in PDF format for further use.
Documents Required
To apply for the scheme, you must have the following documents handy.
- Applicants Aadhar card
- Passport size photograph
- Mobile number
Comparison between EMPS 2024 & FAME-II
As the FAME-II scheme ended in March 2024, the ministry of heavy industry introduced the electric mobility promotion scheme 2024. This initiative has similar objectives as the earlier scheme i.e. to boost sales of both two-wheeler & three-wheeler electric vehicles in India. The EMPS is a fund limited scheme however FAME-II had a duration of 5 years. The introduction of the electric mobility promotion scheme is in line with the automobile sector’s demand for FAME-III to promote the purchase of electric vehicles and e-mobility.
The new scheme promotes electric mobility. It has reduced the subsidy cap for two wheeler vehicles from ₹22500 to ₹10000 & for three wheelers from ₹111505 to ₹50000. This will create higher demand and reduce the financial burden on EV manufacturers.
Unlike the FAME-II scheme the EMPS does not offer incentive for electric four wheeler vehicles and buses. EMPS to be only a diluted version of FAME-II due to the demand of the automobile sector.
However there are concerns relating to the reduced incentives and short duration of this fund based scheme.