EMPS progress: Achieves 60% of revised target, supporting 334,260 vehicles

Government sources credit the turnaround to the onboarding of new players and the addition of more models by existing companies, which has driven increased disbursement

In a swift turnaround, the government’s Electric Mobility Promotion Scheme (EMPS) has achieved 60 per cent of its revised target, supporting 334,260 vehicles out of the goal of 560,000 units as of August 15. This significant progress follows a slow start, with less than 10 per cent of the target reached by July 15 since the scheme's launch on April 1. Government sources credit the turnaround to the onboarding of new players and the addition of more models by existing companies, which drove increased disbursement.

“Today, 31 OEMs (original equipment manufacturers) are enrolled under the scheme, offering