Electric Vehicle Manufacturing Incentive Scheme 2025: How to Get Benefits

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The Electric Vehicle Manufacturing Incentive Scheme 2025 has been started by the central government of India to support the manufacture of electric vehicles in India. Under this scheme, investors who are interested in making electric vehicles will be invited, and they can apply easily through the official website, which is given. The applications are being accepted from 24th June 2025, and the last date for filling the form has been kept as 21st October 2025. This scheme is made so that more electric vehicles can be produced in our country, and fewer will be imported. Many factories will be opened and jobs will also be given to people.

Electric Vehicle Manufacturing Incentive Scheme
Electric Vehicle Manufacturing Incentive Scheme

About the Electric Vehicle Manufacturing Incentive Scheme Portal

The Electric Vehicle Manufacturing Incentive Scheme Portal has been launched by the Ministry of Heavy Industries, which is made to help companies that want to set up factories for making electric vehicles like cars, buses, and others in India. This online portal is used for applying, where all steps, guidelines, and details are given for manufacturers. Under this scheme, many incentives like less customs duty on imported electric vehicle parts and cars during the starting phase are provided. A big investment of Rs. 4,150 crore, which is about 500 million USD, is needed, and it is also required that 50% of the materials must be made in India. This scheme is made for giving jobs, saving fuel, and helping the environment.

Also Read: Amrit Bharat Station Scheme List

Motive of the Electric Vehicle Manufacturing Incentive Scheme

The main motive of the Electric Vehicle Manufacturing Incentive Scheme is to make more electric vehicles in India so that less pollution is made and fuel can be saved. This scheme has also started to give more jobs to people in India. Companies from India and other countries are being invited to build factories for making electric cars, buses, and other vehicles. It is also aimed that India can become a big hub for electric vehicle manufacturing. The environment will be kept clean and healthy by this scheme.

Key Highlights of the Electric Vehicle Manufacturing Incentive Scheme

Name of the SchemeElectric Vehicle Manufacturing Incentive Scheme
Launched ByMinistry of Heavy Industries
Scheme NameEV Manufacturing Incentive Scheme
Launch Year2025
ObjectiveTo make more EVs in India
Portal Linkspmepci.heavyindustries.gov.in
Application Start Date24th June 2025
Last Date to Apply21st October 2025
Minimum InvestmentRs. 4,150 crore or USD 500M
Value Addition Rule50% in 5 years
Duty BenefitLess duty on EV parts
Allowed Imports8,000 EVs per year
Bank GuaranteeEqual to investment or duty
Mode of RegistrationOnline
Official WebsiteSPMEPCI Website

Eligibility Criteria

The eligibility criteria for the Electric Vehicle Manufacturing Incentive Scheme are as given below:

  • The applicant must be an electric vehicle manufacturer who is being recognised.
  • A minimum investment of Rs. 4,150 crore (approx. USD 500 million) must be committed in India within three years.
  • The investment must be backed by a bank guarantee equal to either the duty benefits claimed or Rs. 4,150 crore, whichever is higher.
  • Domestic value addition is required: at least 25 % in three years and 50 % in five years.
  • Import of up to 8,000 completely built EVs per year at 15 % customs duty is allowed, only if conditions are met.
  • Global group revenue of at least Rs. 10,000 crore and global fixed assets of Rs. 3,000 crore is required for eligibility.

Also Read: 300 Units Free Electricity Scheme

Important Dates

  • Starting Date: The portal will be open from 24th June 2025 at 10:30 a.m.
  • Last Date: The portal will stay open till 21st October 2025 at 6:00 p.m.

Benefits of the Electric Vehicle Manufacturing Incentive Scheme

Here we have provided the benefits of the Electric Vehicle Manufacturing Incentive Scheme, which are as follows:

  • Many jobs will be given to people in India because more factories will be opened for making electric vehicles.
  • Lower customs duty is being charged on imported electric vehicle parts and cars, which helps companies to save money.
  • The factories for electric vehicles will be set up in India so that more vehicles can be made inside the country.
  • Pollution will be reduced as electric vehicles are used, and the environment will be kept cleaner and healthier.
  • India is being planned to be made a big hub for electric vehicle manufacturing in the world.

Salient Features

The Electric Vehicle Manufacturing Incentive Scheme has several important features, which are as follows:

  • A very big investment of Rs. 4,150 crore or 500 million USD is needed by the companies that are applying under this scheme for making electric vehicles in India.
  • It is also required that companies must use 25% Indian materials within 3 years and 50% within 5 years, so that more things are made in India itself.
  • A special online portal has been launched where all guidelines, rules, and application steps are given, and companies can apply very easily from there.
  • Import of 8,000 electric cars per year is allowed at a lower customs duty, but this is only given when companies follow all rules properly, as said by the government.
  • A bank guarantee is being asked from companies that is the same as the total investment amount or equal to the total duty benefits that will be claimed.

Also Read: Warehouse Subsidy Scheme

Electric Vehicle Manufacturing Incentive Scheme Registration 2025

To do Registration under the Electric Vehicle Manufacturing Incentive Scheme 2025, please follow these below mentioned steps below:

  • Step 1: The eligible clients under this scheme are requested to visit the SPMEPCI Website to register.
SPMEPCI Website
SPMEPCI Website
  • Step 2: On the homepage itself, click on the “Register” option, and then you will be sent to another page where you will see the registration form.
Register
Register
  • Step 3: You have to fill out the registration form with the required details such as Organization Details, Authorized Person Details, etc.
  • Step 4: Also, you have to upload the relevant documents along with the registration form within the required size.
  • Step 5: Finally, you have to do OTP Verification and then review the registration form carefully before submitting it.
  • Step 6: Once you have verified the form carefully, hit the “Submit” button to complete the registration process, and you will receive the acknowledgment number. Keep it safe with you for future reference.

Log in for the Electric Vehicle Manufacturing Incentive Scheme

To log Login under the Electric Vehicle Manufacturing Incentive Scheme, follow these steps:

  • Step 1: All the registered clients under this scheme should visit the official website at https://spmepci.heavyindustries.gov.in/ to log login.
  • Step 2: On the homepage of the official website, click on the “Login” button, and the drop-down menu appears on your screen. From the various options, select any one to proceed further.
Login
Login
  • Step 3: Then you have to enter the username, password, and Captcha code carefully to move ahead.
  • Step 4: Once you have filled in the required information, check it and then click on the “Login” button to complete the login process.

Contact Details

  • Address: IFCI Limited, IFCI Tower, 61 Nehru Place, New Delhi-110019
  • Phone: +919319019073
  • Email ID: smec[at]ifciltd[dot]com

FAQs

What is the Electric Vehicle Manufacturing Incentive Scheme?

This is a special scheme started by the Ministry of Heavy Industries, Government of India, to help both Indian and foreign companies set up electric vehicle factories in India with big incentives and benefits.

Who has launched this scheme?

The Electric Vehicle Manufacturing Incentive Scheme has been officially launched by the Ministry of Heavy Industries to promote electric vehicle production and reduce pollution by making more electric vehicles inside India instead of importing.

What is the minimum investment needed?

The company applying under this scheme must invest at least Rs. 4,150 crore, which is almost 500 million USD, and this full investment should be completed within 3 years from the approval date.

What are the benefits of this scheme?

This scheme helps companies by reducing customs duty on electric vehicle parts, allowing them to import some vehicles at a lower tax, supports factory setup, creates lots of new jobs, and boosts clean energy production.

How to apply for the scheme?

Interested companies must visit the official website, click on “Register,” fill out the form with correct organization and authorized person details, upload needed documents, verify with OTP, review everything carefully, and then submit the form.

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