Maharashtra Introduces The new Game Changer Electric Vehicle Policy
The Maharashtra government has announced new policies for electric vehicles, which were introduced by the state environment minister Aditya Thackrey. The new policies aim to encourage the use of electric vehicles by 2025, EVs represent 10% of all new vehicle registrations. State officials have also announced that electric vehicles will be free of road tax and registration fees until march 31, 2025 upon rolling the RS 930 crore policy out for another five years.
Under the newly revised Maharashtra EV policy, owners of electric vehicles will not have to pay road tax and registration fees. It is now mandatory to reserve parking spaces for electric vehicles in residential and commercial areas as well as in government offices. There will now be at least one manufacturing facility producing advanced lithium-ion batteries.
It also includes setting up 1,500 charging stations in the Mumbai Metropolitan Region, 500 in Pune,150 in Nagpur,100 in Nashik, 75 in Aurangabad, 30 in Amaravati, and 20 in Solapur by 2025 Also the state has planned to achieve 25 percent electrification in public transports in Mumbai, Aurangabad, Pune, Nagpur and Nashik by 2025.
The four highways and expressways that are being electrified by 2025 include the Nashik-Pune highway, the Mumbai-Nashik expressway, the Mumbai-Pune expressway, and the under-construction Mumbai-Nagpur expressway.
Table of Contents
Maharashtra EV Electric Vehicle Policy 2021: Highlights
- Accelerate adoption of battery electric vehicles: to contribute 10% of the registration of the new vehicle by 2025.
- Achieve 25% electrification of public transport and last-mile delivery in 6 targeted urban areas by 2025.
- convert 25% of Maharashtra state road transport corporation’s (MSRTC) existing bus fleet to electric.
- make Maharashtra the country’s top producer of BEVs in Indian in terms of annual production capacity.
- Development of 2375 Publis & Semi-public charging stations in 7 major urban areas and founder national highways.
- from April 2022, all new government vehicles will be electric vehicles.
- at least 25% of the urban fleet operated by the fleet aggregators (Ecommerce companies, delivery/ logistics players) in the state to transition to EVs by 2025.
- Formulation of various incentive plans for electric vehicles and associated infrastructure.
- property tax rebates for installing private charging infrastructure within the society premises.
- The policy will encourage fleet aggregators to operate electric vehicles.
- all the EVs sold in the state shall be expected from the road tax.
- All Evs eligible under the policy shall be exempt from the registration charges.
Note: Demand incentives are available upfront to end consumers through vehicle manufacture/dealer.
|Vehicle Types||Demand Incentives (INR)|
|2 Wheelers||29,000 to 44,000|
|3 Wheelers||57,000 to 92,000|
|4 Wheelers||1,75,000 to 2,75,000|
Maharashtra EV Policy: Charging infrastructure Incentives
|Public charging stations (PCS)||Incentive per PCS Unit|
Maharashtra Subsidiary for Electric Two-Wheelers, Cars, and SUV
The Maharashtra government introduces a subsidiary for the first 100,000 Electric two-wheelers buyers people who are eligible for the subsidiary will get RS 5,000 incentive-based on per KWh of battery but it comes with the limit and the max amount will be given is RS10,000.
Also, the state has announced an early incentive of RS15,000 on a 3KWh battery two-wheeler which makes the incentive of a total RS 25,000 but the early incentive of RS15,000 is only available till 31 December 2021 from January 2022. this incentive won’t be given to anyone also the 7,000 scrappage incentive will be given on offer which will be directly given by the manufacturers and the two-wheelers manufacturers will be given an incentive RS12,000 for providing a five-year warranty on the battery and an assured by the back scheme.
The Cars and SUVs will also be provided with the RS 5,000 per KWh battery but it’s only available for the battery capacity of 30KWh which makes the incentive of a total RS1.5 Lakh which also come early incentive of RS 1Lakh available till 31 December 2021 with scrappage incentive of RS 25,000 with no incentive for assured buyback and battery warranty.
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