NEW DELHI — The Cabinet on Wednesday approved the ‘PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme’ for the promotion of electric mobility in the country with an outlay of INR 10,900 crore for a period of two years. The scheme by the Ministry of Heavy Industries (MHI) now includes e-vouchers, streamlining the EV buying process easier than ever and paves the way for electric ambulances — a crucial step towards integrating EVs into the health sector. According to the Cabinet, subsidies/demand incentives worth INR 3,679 crore have been provided to incentivise e-2Ws, e-3Ws, e-ambulances, e-trucks and other emerging EVs. The scheme will support 24.79 lakh e-2Ws, 3.16 lakh e-3Ws, and 14,028 e-buses. A sum of INR 4,391 crore has been provided for the procurement of 14,028 e-buses by STUs/public transport agencies. INR 500 crore has been allocated for incentivising e-trucks. Incentives will be given to those who have a scrapping certificate from MoRTH approved vehicle scrapping centres (RVSF). The scheme also proposes the installation of 22,100 fast chargers for e-4 Ws, 1,800 fast chargers for e-buses and 48,400 fast chargers for e-2W/3Ws. The outlay for EV PCS will be INR 2,000 crore. The ministry said it...