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Gujarat announces new Electric Vehicle Policy

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  • The policy will offer subsidies on purchase of 2, 3 and 4-wheeler electric vehicles; govt to also support setting up of charging stations

Gandhinagar: The state government has announced the new Gujarat Electric Vehicle Policy 2021 to further promote green mobility. Under the policy, subsidies will be given to buyers of two, three and four-wheeler electric vehicles. The policy was announced by Chief Minister Vijay Rupani.

Through this policy, the state aims to have around 2 lakh electric vehicles in next four year, for which it will provide subsidy support of over Rs 870 crore. This will be over and above the Fame-II subsidy originally announced by the government in 2019 and aimed at making electric vehicles affordable.

According to the government, this move will enable reduction of nearly 6 lakh ton of CO2 emissions

What the policy offers

Buyers of two-wheeler e-vehicles will get subsidy of up to Rs 20,000, while those purchasing three-wheelers will get up to Rs 50,000 subsidy. This benefit will be up to Rs 1.5 lakh in case of four-wheelers.

The subsidy will be transferred directly to the accounts of beneficiaries via the Direct Benefit Transfer (DBT)

All such vehicles will be exempt from registration fee.

Under the FAME scheme, the government has approved setting up of 278 charging stations. The Gujarat government will help installation of 250 charging stations in addition to these. Subsidy will be provided to set up such charging stations.

The stations will have the capacity to charge 500 batteries.

Young start-ups and investors in the field of electric mobility will be encouraged.

Kevadia will be India’s first e-vehicle city

Recently, Prime Minister Narendra Modi had announced that Kevadia, which is home to the Statue of Unity, will become India’s first electric vehicle city. The area around the world’s tallest statue will be transformed in a phase-wise manner to have only e-vehicles. Modi had said that necessary infrastructure would be made available to have only battery-operated vehicles, including buses, two and four-wheelers in Kevadia.

 

 

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