Policies

Maharashtra Electric Vehicle Policy – 2021

The Government of Maharashtra approved the expenditure of INR 930 Cr. for next four years for the implementation of Maharashtra Electric Vehicle Policy, 2021. Notification date of the policy is 23 July 2021. The following is summary of the policy.

Objective

– Adoption of at least 10% EVs by 2025

– Achieve 25% electrification of public transport and last mile delivery by 2025

– 15% of MSRTC’s existing bus fleet to electric

– Make Maharashtra top producer of EVs in annual production capacity

– One Gigafactory for manufacturing of advanced chemistry cell (ACC) batteries

– Promote research and development (R&D), innovation, and skill development across the EV ecosystem in the state

Demand Incentives

Purchase incentives for early adoption of EVs based on the energy capacity in kWh of battery:

Vehicle TypeSubsidy Amount (Rs)No. of vehiclesMax. incentive per vehicle (INR)
2W (L1 & L2)5000/kWh100,00010,000
3W (L5M)5000/kWh15,00030,000
3W (L5N)5000/kWh10,00030,000
4W Cars (M1)5000/kWh10,0001,50,000
4W Goods Carrier (N1)5000/kWh10,0001,00,000
E-bus10% of vehicle cost1,00020,00,000

Other demand incentives are

– Exemption from road tax and registration fees for EVs.

– Exemption from fees for purpose of issue or renewal of registration certificate.

– Engage & encourage financial institutions and banks to offer interest rates for EV customers pke e-auto, goods carrier and taxis

Scrappage incentive will be provided as per below table.

Vehicle TypeScrappage Incentive Amount
e-2WUp to INR 7000
e-3WUp to INR 15000
e-4WUp to INR 25000
Charging infrastructure

Charging infrastructure incentives will be as per below table:

Type of PCSIncentive AmountMax. incentive per PCSMax. number of PCS
Slow60% of costINR 10,00015,000
Moderate/fast50% of costINR 5,00,000500

– ULBs to be encouraged to provide property tax rebates to residential owners for installing private charging stations

– Public charging stations at every 25 kms on highways

– EV ready parking option in new residential building from year 2022

– New residential building to have 20% total parking for EVs

– All government office complexes to have 100% EV parking by 2025

– Fast track registration of EVs

– No permit requirement for e-autos

Skill development and R&D

– Amend existing courses and/or create new courses on EV ecosystem to be offered by the State ITIs

– Develop skill enhancement centres for delivering vocational courses on EV and train ICE mechanics in repairing / servicing of EVs and charging stations

– Incentives for setting up R&D facilities related to EVs (component manufacturing, vehicle assembly, battery assembly, cell manufacturing, electronics parts manufacturing, recycling of EVs and EV batteries, etc.)

Link to policy document

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