State increases incentives for EV buyers: ₹10,000 for two-wheelers

PUNE The Maharashtra government under its electric vehicle (EV) policy has increased its incentivisation to promote the use of battery-operated electric vehicles

On Thursday, the state proposed a base incentive of ₹10,000 buyers of two-wheeler EVs.

For the buyer of a four-wheeler EV the maximum incentive is capped at ₹1.5 lakh and at ₹30,000 for a buyer of a three-wheeler EV.

Ravindra Gurav, joint secretary of state government’s Industries, energy and labour department, issued an order specifying the incentives under the EV policy 2021.

The state has increased incentives from ₹5,000 to ₹10,000 for two-wheeler EVs; from ₹10,000 to ₹15,000 for three-wheeler EVs; and from ₹1 lakh to ₹1.5 lakh for four-wheeler EVs.