Chandigarh to give incentive up to Rs 1.5 lakh on EV purchase

CHANDIGARH: The UT administration has in its draft e-vehicles policy has increased the upper limit of incentive for purchase of electric cars from Rs 75,000 to Rs 1,50,000.

There will be incentives of Rs 5,000 per kilowatt for buyers of electric two-wheelers subject to maximum of Rs 30,000; Rs 10,000 per kilowatt for registered owners of electric cars subject to maximum of Rs 1,50,000, which was earlier Rs 75,000, according to the proposal. For purchase of electric three-wheelers, including erickshaws, e-carts, e-autos, an incentive of Rs 30,000 will be given.

The UT has also removed limit on number of cars. Earlier, the UT had fixed a limit on number of cars, which will get incentive Besides, there will be waiver of road tax and registering fees up to March 31, 2024.