EV Subsidies in India: EV policies have been introduced in most states of the country under the FAME subsidy scheme. Under these schemes, people are given benefits on purchasing electric cars.
EV Subsidies in India: New steps are being taken continuously due to pollution in the country’s capital Delhi. Along with this, many rules have also been implemented regarding driving. At the same time, the government has been making the countrymen aware for the use of electric vehicles for a long time. State governments also give many types of concessions to the people to buy EVs, so that new electric vehicles can be purchased at a cheaper price. Let us know which state gets the highest tax exemption on electric vehicles.
How much discount on electric vehicles in which state?
EV policies have been brought in most of the states of the country under the FAME subsidy scheme. Under these schemes, people are given benefits on buying electric cars. In the last months, the Gujarat government announced a 5 percent tax exemption on fully electric vehicles in the state, reducing the total tax to just 1 percent, this facility will remain in force in the state till March 31, 2026.
In the Maharashtra EV Policy, EV vehicles will get complete i.e. 100 percent exemption from Motor Vehicle Tax, Registration Renewal Fee. Apart from this, there is a provision of 100 percent exemption from toll tax on Mumbai-Pune and Mumbai-Nashik Expressway.
In Uttar Pradesh’s EV Policy 2022, there is a talk of a discount of Rs 5000 on buying an EV scooter, Rs 1 lakh on a car, Rs 20 lakh on a bus and up to Rs 1 lakh on an e-freight carrier.
Talking about Delhi’s proposed EV policy, a good subsidy can be available on buying an electric two-wheeler. In this, a total discount of up to Rs 30,000 can be available at the rate of Rs 10,000 per kilowatt-hour. For women riders, this amount can be even higher, up to Rs 36,000.
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