The government will give a subsidy of Rs 20,000 on the purchase of two wheelers and Rs 1.50 lakh on the purchase of four wheelers.
After the expensive prices of petrol and diesel, people are now looking towards e-vehicles. In this regard, the state government has also set a target of running two lakh e-vehicles on the roads of Gujarat in the next four years. The state government has announced the Gujarat Electric Policy-2021 with an aim to reduce air and noise pollution and maintain the environment. The state government has decided to provide subsidy ranging from Rs 20,000 to Rs 1.5 lakh for electric vehicles.
Announcing the Gujarat Electric Policy-2021, Chief Minister Vijay Rupani expressed hope that this policy will give a boost to new technology of e-vehicles.
Target to run two lakh e-vehicles in four years
Emphasis has been laid on increasing the use of electric vehicles, making it a manufacturing hub for production of e-vehicle equipment and encouraging young startups and investors in the electric mobility sector, three wheelers and 20 thousand four wheelers. The cost per km of consumption of this e-wheeler is 30-50 percent less as compared to other vehicles.
Consumption of 4 lakh e-vehicles will result in saving of Rs 5 crore in fuel. Noting that the carbon emissions are estimated to be less by 6 lakh tonnes, Rupani said a subsidy of Rs 10,000 per kWh would be given for the purchase of e-vehicles. Gujarat is the leading state in providing subsidy per kWh across the country.
This subsidy will cost the Gujarat government Rs 870 crore. A subsidy of Rs 20,000 for electric two wheeler, Rs 50,000 for three wheeler and Rs 1.50 lakh for four wheeler will be given.
Features of Gujarat Electric Policy-2011
E-vehicle exempted from RTO vehicle registration fee
Subsidy of Rs.10,000 per kilowatt vehicle for purchase of e-vehicle
Subsidy of Rs 20,000 for electric two wheeler, Rs 50,000 for three wheeler and Rs 1.50 lakh for four wheeler
Subsidy will be given regardless of vehicle type
The subsidy amount will be directly credited to the e-vehicle buyer's bank account
More 250 charging stations will be set up in the coming days
A network of 528 charging stations will be set up across the state
Petrol pumps to be allowed for charging stations
Planning to install charging stations in housing and commercial construction
Consumption of e-vehicles will save Rs 50 million in fuel, reduce carbon emissions by 6 lakh tonnes
At present there are 278 charging stations in Gujarat, while 250 more charging stations will be set up in the coming days, for which a capital subsidy of 25 per cent will also be provided. An infrastructure of 528 charging stations will be set up across the state.
Special provision has been made for setting up charging stations in residential and commercial constructions. It has been decided to encourage e-vehicle manufacturers under other policies including Gujarat Industrial Policy. The State Government has entrusted the responsibility of effective planning, implementation and review of this policy to the Port-Vehicle Transactions Department.