22-Apr-2025
EVolutionS Programme
Science & Technology
Why in News?
The government has launched the EVolutionS Programme, providing grants to electric vehicle (EV) startups to encourage innovation and the development of EV solutions.
About EVolutionS Programme
- Launched by:
- Department of Science and Technology (DST), Ministry of Science & Technology.
- Implemented in collaboration with Ministry of Heavy Industry (MHI) and the Automotive Component Manufacturing Association of India (ACMA).
- Objective: To support startups in pilot demonstrations, testing, validation of components, and to create industry connects for the market translation of EV solutions.
- Coverage: Focuses on electric two-wheelers, three-wheelers, four-wheelers, including L5 vehicles, e-rickshaws, e-carts, e-buses, and EV public charging infrastructure.
- Grant Amount: Startups with indigenous capabilities in developing materials/components can receive up to ₹50 lakh in grants, including ₹30 lakh in the form of equity-linked instruments.