The Centre has revised the PM E-DRIVE scheme, extending incentive timelines for some electric vehicle segments while tightening payout conditions under the fund-limited programme. The changes are aimed at keeping support in place for electric scooters and selected three-wheelers, but with
TVS Motor led India’s electric two-wheeler market in March 2026, overtaking rivals as strong iQube demand, wider distribution and year-end buying momentum pushed registrations higher. The latest market data also showed Ola Electric slipping to fifth place, underlining how legacy manufacturers are tightening their grip on the fast-growing EV segment. TVS Motor Leads EV















