Govt. Schemes & Incentives For Electric Vehicles

Thread Starter #16

Nairrk

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Govt Asserts Subsidy for EVs Only for Commercial Vehicles, Not Personal Usage

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The government has asserted that subsidies for the promotion of electric mobility in India will be only for commercial vehicles, and automobiles for personal usage will not be included. Speaking at an event, Minister of State for Heavy Industries and Public Enterprises Arjun Ram Meghwal said the government expects India to adopt electric vehicles (EV) in "all-natural course" - be it for bikes, cars, trucks, buses and e-rickshaws, while emphasising that the transition was necessary in order to reduce carbon emissions as per the Paris Agreement.

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Thread Starter #17

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Charging Electric Vehicles in Delhi Gets Cheaper, DERC Cuts Rate by Rs 1 per kW

In a step to curb pollution in the city, the Delhi Electricity Regularity Commission (DERC) has cut down the rates of charging stations for e-rickshaws and other electric vehicles. People who charge their vehicle at home, (low-tension e-vehicle users) will pay Rs 4.5 per kW instead of Rs 5.5. Meanwhile, people who charge their electric vehicle at public charging stations (high-tension users) will pay Rs 4 instead of Rs 5.

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Thread Starter #18

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Tamil Nadu EV Policy Proposes 100% Road Tax Exemption On Electric Cars Until 2022



Encouraging the adoption of electric vehicles (EVs) in the state, the government of Tamil Nadu has announced the Electric Vehicle Policy draft with a number of recommendations and changes for the EV sector. The big takeaway from the announcement will be the 100 per cent exemption on registration fees for EVs till the end of 2022. According to the policy draft, the state government plans to become a centre for the EV ecosystem, not just in demand but manufacturing as well. The draft proposes a number of incentives to industries and buyers in a bid as it plans to attract ₹ 50,000 crore of investment in EV manufacturing and creation of over 1.5 lakh new jobs.

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Thread Starter #19

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Now get financial assistance for buying electric vehicles in Delhi as Kejriwal announces new EV policy

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Delhi Chief Minister Arvind Kejriwal on Friday launched Delhi's new electric vehicle policy, aiming to boost the economy, create jobs and reduce pollution level in the national capital. Speaking at a presser, Kejriwal said, "this Electric Vehicle Policy is country's most progressive policy."

Further elaborating Delhi's new electric vehicle policy, Delhi chief minister Kejriwal said it will provide financial assistance to those buying electric vehicles under Electric Vehicle Policy. Financial assistance of Rs 30,000 will be given on the purchase of 2-wheelers, Rs 1.5 lakh on cars and Rs 30,000 on auto-rickshaws and e-rickshaws."

"We hope that 5 lakh new electric vehicles will be registered in the next 5 years. An 'EV Cell' will be established to implement the Electric Vehicle Policy," Kejriwal mentioned.

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Thread Starter #20

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Delhi government exempts road tax on battery-operated vehicles under its EV policy

The Delhi government has exempted road tax on its battery-operated vehicles under its new Electric Vehicle Policy, Delhi Transport minister Kailash Gahlot said on Sunday. The Transport department, in it notification issued on Saturday, stated that the Lieutenant Governor of the National Capital Territory of Delhi exempted the tax levied upon all battery electric vehicles with immediate effect.

Gahlot said in a tweet "Congrats Delhi! As promised by CM @ArvindKejriwal when announcing landmark EV Policy, Delhi govt has EXEMPTED road tax on Battery Operated Vehicles. With rigc vehicle ht incentives & supporting infra, we are determined to ensure Delhi leads the country in rapid transition to Elec Vehicles (sic)."


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Thread Starter #21

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Telangana electric vehicle policy launched: Key highlights

The Telangana government, as part of its new policy to promote electric vehicles, offers 100 per cent exemption of road tax and registration fee for the first two lakh electric two-wheelers purchased and registered within the state, according to the State Electric Vehicle and Energy Storage Policy.
Telangana Ministers KT Rama Rao and Ajay Kumar on Friday launched the policy which will be effective from 2020 to 2030.

The policy also gives 100 per cent exemption on road tax and registration fee for electric tractors purchased and registered in the state as per the existing rules/guidelines applicable for tractors by the Transport Department, it said.

"To make Telangana a major base for EV and ESS (energy storage system) sectors and to attract investments worth USD 4.0 Billion and create employment for 120,000 persons by 2030 through EVs in shared mobility, charging infrastructure development and EV and ESS manufacturing activities," the policy said.

Generate demand for battery storage solutions by driving EV adoption incentives and supply side incentives for battery manufacturing, it said.

To proactively support creation of EV charging infrastructure in the initial phase and eventually create a market for commercially viable EV charging business.

The policy called for developing Telangana as a global centre for cutting-edge research and innovation in electric vehicles, battery technologies and other emerging technologies such as autonomous/connected vehicles.

The state government shall facilitate setting up of initial batch of fast charging stations in Hyderabad and other towns in a phased manner, by state entities and private players.

The government shall extend tailor-made benefits to mega and strategic projects on case to case basis.

Investment of more than ₹200 crore in plant and machinery or providing employment to more than 1,000 people shall be categorised as mega project, according to the policy.

"Telangana has come out with an extremely comprehensive policy. We also ensured that energy story policy is clubbed in with the EV policy because these two are tight- knit ideas which need to work cohesively...we have taken a pragmatic approach while designing this policy and consulted industry leaders," Rama Rao after unveiling the policy.

The government on Friday signed MoUs with five firms which are set to invest in the EV space.

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Thread Starter #22

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MoRTH Proposes Waiving off Registration And Renewing Charges For Electric Vehicles

In a bid to encourage e-mobility in India, the Ministry of Road Transport and Highways (MoRTH) today proposed to exempt battery-operated vehicles from payment of fees for issuing and renewing registration certificates. The new draft notification states that any electric vehicle (EV) buyer will be exempted from paying a registration fee for a new EV or a fee for renewal of registration as well. Now to give you an idea, the registration fee for a vehicle ranges from ₹ 300 to Rs 1500 only. So the more substantial thing would be a subsidy in road tax which varies in different states.

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Thread Starter #23

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Electric Two-Wheelers To Get More Affordable As Government Amends FAME II Subsidies

In a bid to push for faster adoption and manufacturing of electric vehicles in India, the government has announced an amendment to the FAME II scheme for electric vehicles. Under the amendment, the government has increased subsidies on electric two-wheelers that will help bring down the prices by a significant margin. According to the notification issued by the Department of Heavy Industry, the incentive for electric two-wheelers has been increased to ₹ 15,000 per kWh, a hike of ₹ 5,000 per kWh from the older subsidy rate.

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FAME II Scheme For Electric Vehicles Extended Till March 2024

The government has extended the second phase of the FAME scheme till March 24, 2024. According to a report from PTI, the FAME II scheme has been further extended by two years to promote faster adoption of electric mobility and the development of the manufacturing ecosystem in India. The second phase of the FAME (Faster Adoption and Manufacturing of Electric Vehicles) India scheme majorly focuses on supporting the electrification of public and shared transportation. All registered automakers under the FAME II scheme will now be able to avail of the benefits till March 2024.

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Thread Starter #25

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Delhi Govt to Stop Subsidies For Purchase of Electric Vehicles as Sales Pick Momentum

In a very surprising move, Delhi government has withdrawn the ₹ 1.5 lakh subsidy on electric cars in Delhi after the first 1,000 units were sold and there are no plans to further extend the scheme. The decision comes at a time when Delhi was inching closer to becoming one of the highest EV selling states. According to official figures, EVs accounted for 7 per cent of the total number of vehicles registered with the Delhi government's transport department in Q2 FY2022, while CNG vehicles accounted for 6 per cent. Over 1.5 lakh vehicles were registered in Delhi out of which 7,869 were EVs, 6,857 were CNG vehicles and 7,257 vehicles could be switched to both CNG and petrol.

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Thread Starter #26

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Goa Government Launches Electric Mobility Promotion Policy 2021 To Promote EVs

The chief minister of Goa Pramod Sawant launched Goa Electricity Mobility Promotion Policy 2021 on Saturday in order to encourage and promote the usage of electric vehicles. Sawant said that the main objective of the policy is to promote the usage of battery-driven vehicles in the state. He also shared about the incentives that the state has planned for the adoption of electric vehicles.
“We are giving incentives on manufacturing, waiver of road tax up to five years applicable to all classes of e-vehicles registered in Goa," he added.

Sawant conveyed that the state government will also provide subsidies to those who will buy electric vehicles and will also set up EV charging infrastructure. The chief minister added that the state will provide these charging infrastructures with every 25 km on highways while in the city the charging stations will be established on shorter distances.

Speaking about subsidies, Sawant explained that the policy will cover two, three and four-wheeler electric vehicles. The state will provide a 30 per cent subsidy for two-wheelers and a 40 per cent subsidy for three-wheelers. Four-wheel EVs will receive a subsidy of up to ₹3 lakhs. He added that these will be provided to around 400 vehicles on a first-come-first-serve basis.

The state head also added that the policy will help in the creation of around 10,000 direct and indirect jobs in the state and will also push the demand for EVs in the state that will help to attract investments. Sawant launched the policy in the presence of Minister of Heavy Industries Mahendra Nath Pandey, NITI Aayog CEO Amitabh Kant, transport minister of various states and other government and industry officials.

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Maharashtra Extends Early Bird Incentive Scheme For Electric Vehicles Till March 31

The Government of Maharashtra has extended its 'Early Bird' electric vehicle (EV) incentive scheme until March 31, 2022. The special incentive scheme, which earlier had a deadline of December 31, 2021, offers additional benefits to customers over the central government's FAME II (Faster Adoption and Manufacturing of Hybrid and Electric vehicle) scheme. The state government introduced it to promote electric vehicles, and Aaditya Thackeray, Cabinet Minister of Tourism and Environment, Maharashtra says the response was quite encouraging. And that is why the scheme has been extended by 3 months.


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Thread Starter #28

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Honda City Hybrid prices drop by Rs. 2.9 lakh in Haryana

The state government of Haryana has taken the spotlight following the approval of its 2022 Electric Vehicle Policy. It prompts incentives for small, medium and large-scale electric vehicle component makers and OEMs with an aim to achieve sustainability while financial benefits can also be availed for the buyers who purchase new EVs.

The Haryana residents can avail of a discount of up to 15 per cent if the price of the EV being purchased is between Rs. 15 lakh and Rs. 40 lakh. The discount will be extended to a maximum of Rs. 6 lakh. For full imports too, 15 per cent discount with a maximum of Rs. 10 lakh on EVs priced between Rs. 40 lakh and Rs. 70 lakh is availed.

Another interesting point is the incentives also cover hybrid vehicles as a 15 per cent flat discount will be valid at a maximum of Rs. 3 lakh for hybridised passenger cars costing below Rs. 40 lakh. In addition, a 100 per cent rebate in motor vehicle tax will also be available on new electric scooters, motorcycles and three-wheelers. Considering hybrids, the Honda City eHEV is priced at Rs. 19.53 lakh for the fully-loaded trim (ex-showroom) and taking the 15 per cent discounts into account, the buyers in Haryana can drive home the midsize sedan with a price drop of close to Rs. 3 lakh.
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