Gujarat govt to give up to Rs 1.5 lakh subsidy for EVs – News2IN
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Gujarat govt to give up to Rs 1.5 lakh subsidy for EVs

Gujarat govt to give up to Rs 1.5 lakh subsidy for EVs
Written by news2in

GANDHINAGAR: With an ambitious target of having two lakh electric vehicles on roads within a period of four years, the state government on Tuesday announced the Gujarat Electric Vehicles Policy, 2021.
While the government has announced subsidies between Rs 20,000 and Rs1.5 lakh for different types of electric vehicles, it has also promised to ramp up charging infrastructure for electric vehicles.
Announcing the policy, chief minister Vijay Rupani said that the government expects two lakh electric vehicles to run on Gujarat roads in four years.
“It is estimated that around 1.1 lakh two-wheelers, 70,000 three-wheelers and 20,000 four-wheelers will be used in the state in the next four years,” he said.
Rupani said that the policy has a four-fold objective of popularizing the use of e-vehicles, making Gujarat a hub for e-vehicle manufacturing, protecting the environment, as well as encouraging start-ups and investors in the field of electric mobility.
Expressing confidence that people will adopt electric mobility, the CM said that the per kilometer expenditure in-vehicles is 30% to 50% lesser than those which run on petrol and diesel as fuel.
Regarding higher cost of electric vehicles, Rupani said that all aspects have been taken into consideration while formulating the policy.

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