A wide range of benefits for the EV manufacturers has been announced by the state government. At least 200,000 electric vehicles within the next five years has been granted by the state government. Read the EV policy in detail.
New Delhi: Assam government is looking forward to offer a range of subsidies and incentives to the EV costumers for demand creation.
A wide range of benefits for the EV manufacturers has been announced by the state government.
The latest state in India to announce its dedicated EV policy is Assam. Approval to the policy aiming to introduce at least 200,000 electric vehicles within the next five years has been granted by the state government. Also the state government will offer a set of incentives to the EV buyers for inclining the growth in this segment.
The Assam government is planning to convert its existing public transport and government vehicles to EVs by 2030 Under the new EV policy .
According to KK Dwivedi, Assam's principal secretary (industries and commerce) , among the 200,000 EVs planned to roll out in the state within 5 years, 100,000 will be two-wheelers. Also, 75,000 will be three-wheelers and 25,000 will be four-wheelers.
The Assam EV policy will be offering electric vehicle buyers subsidies up to 1.5 lakh. Electric two-wheelers will be eligible for Rs 20,000 subsidy, while three-wheelers will get Rs 50,000 subsidy. The four-wheelers will receive a Rs 1.5 lakh subsidy from the state government. These subsidies is likely to be offered over and above the FAME-II scheme benefits. In addition to this, the EV buyers will also receive the advantage of registration fees exemption, road tax and parking fee exemptions.
Apart from promoting the electric vehicle adoption, the Assam EV policy will also target on setting up charging stations across the state. The entrepreneurs who will set up charging stations will get a 90% discount on their electricity bills for the first five years.
The Assam EV policy also focus to lure auto companies to set up manufacturing facilities in the state. The state government has said that the EV manufacturing companies will get subsidies on setting up factories in the state. They will receive discounted electricity bills and rebates on income tax too.