The state government of Maharashtra has unveiled the “Maharashtra Electric Vehicle policy, 2021”.

  • State Government also revealed its plans to attract EV manufacturing companies and allied businesses in State by offering incentives to industries and consumers.
  • The Electric Vehicle policy was unveiled by State Environment Minister Aaditya Thackeray which was approved by cabinet on 4th July.

Aim

The Maharashtra Electric Vehicle Policy was unveiled with the aim of promoting adoption of electric vehicles, its production and strengthening necessary infrastructure. It also seeks to ensure that EVs comprise at least 10 per cent of new vehicles registered by 2025 and 25 per cent electrification of public transport by 2025 in six urban centres namely, Mumbai, Nagpur, Pune, Amravati, Aurangabad and Nashik. It will also set up 2,500 charging stations in urban areas and highways.

Provisions

  • This policy offers industries all the benefits under ‘D+’ category of mega projects. Benefits would be provided irrespective of location of the manufacturing unit in State. D+ category benefits will be provided to all the industries in least developed parts Maharashtra.
  • Incentives under the policy will be applicable from date of notification of policy. It will be disbursed through Industries, Energy and Labour Departments.
  • Policy also provided for road tax exemption. All EVs sold in State will be exempted from road tax and registration charges. Vehicles without battery will get 50 per cent of demand incentive while remaining incentive amount will be provided to energy operator.

Maharashtra govt unveils new EV policy Maharashtra govt unveils new EV policyMaharashtra govt unveils new EV policy; Twitterati are impressed and excited