Maharashtra aims to ensure that 10% of all new registered vehicles in Maharashtra are battery electric within two years. The state’s policy envisions retaining Maharashtra’s leadership in the automotive manufacturing sector in India and emerge as one of the leading manufacturing and investment hubs for the EV ecosystem globally.
The state has committed to cover 60% and 50% of the costs of setting up fast and slow charging stations respectively as incentives as it looks to set up at least one public charging station in every 3×3 km grid, or a minimum of 50 charging stations per million population, whichever is higher.
- Manufacturing hub for EV and EV components, Package schemes of incentives for MSMEs and large manufacturing units
- Prioritised 2Ws, 3Ws, 4Ws by providing incentives up to Rs. 10,000, for 2W, Rs. 30,000 for 3W, and up to Rs. 1.5 lakh for 4W EVs
- State will cover 10% of electric bus cost up to Rs. 20,00,000
- Additional early-bird discounts up to Rs. 5000/kWh battery capacity until the end of 2021
- Exemption from road tax, registration fees until 2025
- Public parking spaces to convert 25% of total capacity to be EV ready by 2023, free parking for EVs in public parking spaces
- Fast-track and time-bound registration of EVs, including EV fleets owned by aggregators, last mile delivery providers, logistics players, etc
|Policy focus areas||Demand side incentives||Incentives for charging infrastructure||Manufacturing incentives for EVs and components||Research and innovation|