Buyers of electric vehicles will not have to wait for long periods for subsidy as the Chandigarh Renewable Energy and Science & Technology Promotion Society (CREST), the nodal agency for implementation of Electric Vehicle (EV) Policy in the city, has already released Rs 48.36 lakh to 92 of the 124 applicants in the first three months.
Debendra Dalai, Chief Executive Officer, CREST, said the total incentive amounted to over Rs 80.13 lakh for the 124 electric vehicles, including 32 four-wheelers (e-4W), 91 two-wheelers (e-2W) and one three-wheeler (e-3W). The beneficiaries included owners of 17 e-4Ws and 75 e-2Ws. The remaining incentives would be released shortly.
