What are electric vehicles?
Electric vehicles run solely on electricity without any emissions. They are generally powered by rechargeable batteries and charged from a power outlet.The main advantages of EVs are their low cost, zero-emission, and quietness.
SUBSIDIARY OF ELECTRIC VEHICLES IN DIFFERENT PLACES
In every place, nowadays Electric vehicles are a fast-growing factor. It is embedded with lots of advantages and features which are also eco-friendly. There are lots of schemes and subsidiaries brought in favour of buyers in various states.
- Delhi is one of the important cities where electric vehicles of all types are fastly moving.
- Delhi government has targeted achieving 25 per cent EV registration by 2024.
- E-bicycles and E- cargo cycles are given 25 and 33 per cent of subsidiaries, respectively, adding a scrapping incentive of ₹2000-₹3000 as a part of the package.
- For e-two wheelers, the government has promised to provide an incentive of ₹5,000/kWh of battery capacity.
- For eLCV (Light Commercial Vehicles) and e- auto rickshaws, ’s government has allotted a subsidy of ₹30,000 per vehicle.
- Delhi government has also decided to waive the road taxes and registration fees on the purchase of new cars.
- The Delhi government has also decided to build up a network of 200 charging stations to bring up more EVs.
- Maharashtra announced the EV policies in the year 2021, and it has aimed to make its state an EV state in 2025.
- The government of Maharashtra has exempted EV owners from paying road tax and registration charges.
- A subsidy amount of ₹5000 per kWh of capacity battery and a cap of ₹10,000 has been provided for the first 1 lakh buyers.
- Buyers who are willing to purchase a two-wheeler EV can avail of an early incentive worth up to ₹15000.
- Customers who are willing to purchase an electric vehicle car or SUV can enjoy the advantage of Maharashtra EV subsidy.
- Taking into account four-wheelers, a subsidy of Rs.10,000 per kWh of battery capacity is given as an allowance worth up to 1.5 Lakhs.
- It is applicable only to the first 10,000 four-wheeler EVs registered within the state.
- Uttar Pradesh has implemented new EV policies known as the Uttar Pradesh Electric Vehicle manufacturing and Mobility Policy.
- This policy is going to benefit both private and commercial EV buyers like three-wheelers and other transports.
- The UP government will offer a subsidy worth up to ₹5000 based on the showroom cost minus GST on a particular EV.
- Other than waiving registration fees and road tax exemption, the UP government will also offer incentives for buying new electric vehicles.
- For EV car buyers, the government has availed a subsidy of ₹1,00,000 over the factory cost of the vehicle.
- This subsidy is open for the first 25,000 electric car buyers.
- Tamil Nadu state EV policy was introduced in November 2020 for a period of two years.
- This policy provided a benefit of 100% exemption on road taxes and registration for electric two-wheelers and a subsidy exemption between 50-100% on electric cars.
- TN govt has renegotiated the subsidy policy again and extended it till 31.12.2025
- TN government has announced a road tax exemption of 100% for all EV two-wheelers, EV auto rickshaws and cars.
- It has also waived registration charges/fees.