Maha introduces Electric Vehicle policy
@the_news_21
Mumbai: The Maharashtra Electric Vehicle (EV) Policy-2021 was announced by the state environment minister Aaditya Thackeray. The objective of the policy is to accelerate the adoption of BEVS such that they contribute 10 per cent of new vehicle registration by 2025.
Under the policy, incentives will be given to buyers of electric vehicles. Likewise, those purchasing two-wheelers will be given an incentive of 10 thousand rupees, for three-wheelers, the incentive will be 30 thousand rupees, for four-wheelers one lakh 50 thousand and for e-buses, it will be 20 lakh rupees.
The Policy also states that at least 25 per cent of urban fleet aggregators/ operators in Maharashtra to be electric by 2025.
Further, starting April 2022, all new government vehicles including owned or leased operating in the major cities to be electric.
The policy specifically mentions that all-electric vehicles sold in the state shall be exempted from road tax. In addition to this, all-electric vehicles eligible under the policy shall be exempted from registration charges.
One of the key provisions of the policy is that it aims to create a ‘State EV Fund’ which will be used to promote EV (Electrical Vehicles) adoption including providing incentives for EVs and EV infrastructure.
Besides, urban local bodies will be encouraged to provide property tax rebates to residential owners for installing private charging infrastructure within their premises.
The government said, maximum budgetary provision for ‘Demand side’ and ‘Charging infra’ incentives is 930 Cr rupees for 4 yrs. The policy implementation can be funded through a green tax levied on re-registration of old vehicles, fuel cess etc.
The policy also states that charging stations will be set up on four major highways by the year 2025. It includes the Nagpur-Mumbai Samruddhi corridor, Mumbai-Pune expressway, Mumbai – Nashik and Nashik-Pune highway.
A policy has stated the target to set up electricity charging infrastructure in major cities including Mumbai, Pune, Nagpur, Aurangabad, Solapur and Nashik by the year 2025.
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