Vijay Rupani, the chief minister of Gujarat, announced the latest EV Policy for the state, wherein subsidies of up to Rs. 1.5 lakh will be provided on purchase of electric vehicles. The state will provide Rs. 870 crore over a period of four years as subsidy support.
Vijay Rupani, Chief Minister, Gujarat, recently announced the Gujarat EV Policy 2021 wherein the government will provide ₹ 870 crore as subsidy support over the next four years. The government will offer a subsidy of up to ₹ 1.5 lakh on purchase of an electric car or ₹ 10,000 per kWh. Electric two-wheelers and electric three-wheelers will have subsidies of ₹ 20,000 and ₹ 50,000 each. The policy also says that all electric vehicles will be exempt from registration fees as well. Gujarat plans to have at least two lakh electric vehicles on the roads in the next four years. Gujarat will give double the subsidy of any other state on per kilowatt.
The government of Gujarat has also green-lit the setting up of 250 new EV chargers across the state, with 278 units already deployed. The total tally of EV charging points will reach 528 in the next four years. The government will also make it easier for petrol pumps to house EV charging stations. The plan also includes setting up EV charging stations at various commercial and housing infrastructures. The state government will provide 25 per cent capital subsidy for setting up charging stations with a maximum limit of ₹ 10 lakh.
Sohinder Gill, DG, Society of Manufacturers of electric vehicles (SMEV), said, "We thank the government of Gujarat for announcing a promising and a bold EV policy. The policy certainly has a potential to make Gujarat an EV hub and would mobilise a rapid adoption of electric vehicles in the state. We are excited to be part of this journey and would put our all efforts towards achieving the state government's target under the policy. The policy also gives thrust on the charging infrastructure that would address the issue of range anxiety, especially amongst the people who want to buy an electric four wheeler."
Adoption of electric vehicles will be encouraged and the start-ups in the field of electric mobility will be encouraged as well. The Gujarat EV policy 2021 also targets to reduce CO2 emissions by up to 6 lakh tonnes in the next four years along with fuel savings of up to ₹ 5 crore. The government aims to make the state of Gujarat into an EV manufacturing hub along with various ancillary industries as well.
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