A few weeks ago, a report mentioned that over 400 Tata Nexon EV deliveries were halted in Maharashtra due to delayed implementation of its State EV policy 2021 which could result in a price reduction of Rs 2.5 lakh. Finally, the 2021 Maharashtra EV policy came into effect by 13th September 2021.
Maharashtra has announced its new Electric Vehicle policy on July 12, 2021. This is a revised policy of their EV policy 2018. And, it took 2 months for this new EV policy to be implemented in Maharashtra.
Ola S1 Electric Scooter at ₹74,999 – Maharashtra EV Incentives on Two-Wheeler
Note: The Early Bird Incentive, users who buy electric two-wheelers in Maharashtra before December 31, 2021, will get a maximum state subsidy of up to Rs 15,000 instead of just Rs 10,000 per kWh battery pack.
This is on top of the Rs 15,000 per kWh subsidy under the FAME II scheme of the central government. If you buy the Ola S1 Electric scooter in Maharashtra, it will cost just Rs 74,999 instead of Rs 99,999 by the end of this year.
Tata Tigor EV Under ₹10 Lakh- Maharashtra EV Incentives on Four-Wheeler
The Maharashtra government is giving a subsidy of Rs 5,000 per kWh with a battery capacity of up to 30 kWh. While the maximum subsidy is limited to Rs 1.5 lakh, there will be an additional subsidy of Rs 1 lakh as part of the Maharashtra early bird incentive till December 31, 2021.
The newly launched 2021 Tigor EV powered by Ziptron technology comes with a 26kWh battery pack. The subsidy of Rs 5000 per kWh for 26kWh battery has come down to Rs 1.3 lakh. With the early bird incentive, the subsidy on the 2021 Tigor EV has increased to Rs 2.3 lakh.
The base XE variant is priced at Rs 11,99,000 and will cost only Rs 9,69,000 by the end of this year. The base XM and mid-spec XZ+ variants for the Nexon EV are eligible for a full state subsidy of Rs 2.5 lakh.