Gujarat’s EV policy seeks to subsidize EV purchase in all vehicle segments and strengthen the charging network in the state. The government has decided to waive off registration charges on EVs and electricity duty on charging stations. The policy has been drafted considering the recent FAME II amendments and therefore shows a clear strategy to make Gujarat an EV hub. The fiscal subsidies will directly benefit the customers and the non fiscal incentives will boost the overall EV ecosystem of the state.
- An outlay of Rs 870 crore for promoting EV sales and charging infrastructure development in the state
- Aims to witness 200,000 EVs on road by the end of policy period, where subsidies will be given to 110,000 EV 2-Wheelers, 70,000 EV 3-Wheelers and 20,000 EV 4-Wheelers
- Maximum subsidy of Rs 20,000 for EV 2-Wheelers, Rs 50,000 for EV 3-Wheeler and Rs 1.5 lakh for EV 4-Wheelers based on the battery capacity in kWh
- Subsidies will be directly given to customer bank accounts in order to promote confidence
- 25 percent capital subsidy capped at Rs 10 lakh for first 250 charging stations set up in the state
|Policy focus areas||Demand side incentives||Incentives for charging infrastructure||Manufacturing incentives for EVs and components||Research and innovation|