In a bid to cut down carbon emissions in the state, the Odisha cabinet approved the Electric Vehicle policy days after Ola Electric, the subsidiary of the unicorn Indian ride-hailing start-up, launched its first electric scooter.
Odisha chief secretary Suresh Mohapatra said that the policy aims to achieve a target of 20 per cent registration of battery-operated electric vehicles out of the total vehicle registration by the year 2025. With this, Odisha becomes the 10th state to have its own EV policy.
Mohapatra said the objective of the policy is to achieve the adoption of 20% battery electric vehicles in all vehicle registrations by 2025, to promote the manufacture of electric vehicles and their components including batteries in the state, promote innovation and facilitate research and development in the areas relating to electric vehicles and batteries.