Project EVolutionS

PWOnlyIAS

April 21, 2025

Project EVolutionS

The Department of Science and Technology (DST) has launched the ‘Electric Vehicle Solutions led by Startups (EVolutionS)’ initiative to strengthen the domestic Electric Vehicle (EV) component ecosystem

  • It targets startups working on EV solutions and aims to accelerate prototype-to-product transition.

Objective of the Programme

  • Assist startups in advancing from Technology Readiness Level (TRL) 3–4 (prototype) to TRL 6–8 (commercialization).
  • Promote indigenous innovation in EV components and reduce dependence on imported materials.
  • Enable pilot demonstration, testing, validation, and industry collaboration.
  • Build a domestic supply chain for EV materials, systems, and infrastructure.

Scope and Coverage

  • Applicable to electric 2-, 3-, and 4-wheelers, including e-rickshaws (L5), e-carts, and e-buses.
  • Also supports development of EV public charging infrastructure.
  • Open to startups with in-house development of EV materials or sub-systems within India.
  • Eligibility: Startups must have achieved TRL 3 or 4 to qualify.

Funding and Support

  • Total financial support: ₹50 lakh per selected startup.
    • Out of this, ₹30 lakh will be provided as equity-linked instruments.

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Quick Revise Now !
UDAAN PRELIMS WALLAH
Comprehensive coverage with a concise format
Integration of PYQ within the booklet
Designed as per recent trends of Prelims questions
हिंदी में भी उपलब्ध

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