New Delhi: The government is expected to approve a ₹10,900 crore electric vehicle incentive scheme, marking the third phase of the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) policy but under a new name, two people with direct knowledge of the matter told Mint. The new scheme, expected to be announced in the cabinet briefing on Wednesday, will focus on boosting the adoption of electric buses, trucks, and e-two and three-wheelers, as well as enhancing charging infrastructure across the country The scheme, expected to be christened PM e-drive, will allocate ₹4,300-4,400 crore to incentivize electric buses, including inter-city models, making it the largest segment of the subsidy outlay. @[Sunil Prabhakar](12) @[Murali Shankar](16)