The govt of Uttar Pradesh has announced that they are going to extend their electric vehicles plan to 2027. For this plan they included Rs350 crore as a incentives. They are very optimistic that this incentives will help to adopt the electric vehicles in future.
Top point of Uttar Pradesh EV policy
- electric two wheeler subsidy is RS 5000 per vehecles
- electric four wheeler subsidy is RS 1 lakh per vehecles
- electric two wheeler budget is RS 100 Crore
- electric four wheeler budget is RS 100 Crore
- subsidy for private bus is RS 20 lakh
- electric three wheeler subsidy is RS 12,000 per vehicles
As per report, the govt officials said that the electric two wheelers customer will get RS 5,000 subsidy and on the other side the four wheeler customers will get Rs1 lakh incentives. For this incentives they announced RS 100 Crore that will cover 200,000 e2w. And RS 250 Crore announced for four wheelers.
Under this scheme , the large electric vehicles like electric busses will get RS 20 lakh and three wheelers will get RS 12,000 per vehicles .Although they did not mentioned any incentives for the hybrid car. Last year they announced a waiver on road tax for the hybrid car.
The state govt already are discussing the the major car manufacturing company like Tata Motor ,Toyota, Maruti Suzuki for this implement this EV policy to 2027.
Article souce: mint
