Latest News
About Us|T & C|Contact|Privacy
Flash ReportsFlash Reports
ForecastForecast
onClick=handleToggle
SubscriptionSubscription
EventsEvents
MenuMenu
Subscription Plans

Grow better with the right plan

Choose only the relevant plan group and compare a cleaner set of cards on mobile.

Compare the individual plans only, with a cleaner mobile layout built for solo users.

Individual Basic

Individual Plan
Bronze icon

Built for individual professionals who need premium news access and a clean entry plan.

0
₹0.00
/year

    Individual Pro

    Individual Plan
    Silver icon

    Designed for advanced individual users who need more tools and broader content access.

    0
    ₹0.00
    /year

      Maharashtra Government becomes first state in India to incentivise EVs

      Vehicles |Industry

      Under the scheme, the State government has not only exempted EVs from road tax and registration fees but also will give a maximum grant of 15 percent of the EV’s cost to the last owner at the end of the vehicle’s lifecycle.

      954 views | Date: February 16, 2018

      Loading...
      Maharashtra Government becomes first state in India to incentivise EVs
      Subscribe – mobile
      Advertisement
      Want a quick snapshot?
      View Flash Reports and insights for this market.
      Click to explore interactive charts & trends.
      Subscribe – desktop

      Maharashtra: Maharashtra Government announced incentive scheme for EV vehicles fuelling the Indian government vision towards 100 percent electrification by 2030 inline as part of extending support to the Faster Adoption of Manufacturing of Hybrid and Electric Vehicles (FAME) scheme.

      Under the scheme, the State government has not only exempted EVs from road tax and registration fees but also will give a maximum grant of 15 percent of the EV’s cost to the last owner at the end of the vehicle’s lifecycle. Moreover, the State government will give 25 percent subsidy, amounting to maximum of Rs 10 lakh on the first 250 charging stations to be set up in the state and has allowed EV makers to install charging points at fuel stations after getting clearance and complying with safety norms. Additionally, non-commercial electricity rates will be applied to these charging stations.

      The state government will, initially, start with Mumbai, Pune, Nagpur, Aurangabad, Thane and Nashik to incentivise the EV sales.

      Leave a Response

      You must be logged in to respond.

      Responses

      No responses yet. Be the first!

      Government of MaharashtraFAMEEVSubsidyElectrification
      Advertisement