Gujarat New EV Policy.

The Gujarat government announced a new electric vehicle (EV) policy in June 2021. The policy aims to make Gujarat a leading EV manufacturing and adoption hub in India. The policy offers a number of incentives to EV manufacturers and buyers, including:

• Subsidies for EV buyers: The government will offer subsidies of up to Rs. 1.5 lakh for the purchase of electric cars and Rs. 50,000 for the purchase of electric two-wheelers.
• Exemption from registration fees: EV buyers will be exempted from paying registration fees for their vehicles.
• Reduced road tax: EV buyers will be charged a reduced road tax for their vehicles.
• Free parking: EV owners will be allowed to park their vehicles for free in government-owned parking lots.
• Fast-track approvals: The government will provide fast-track approvals for EV projects.
• Incentives for EV charging stations: The government will offer incentives to companies that set up EV charging stations in Gujarat.

The Gujarat government expects the new EV policy to create over 2 lakh jobs in the EV sector and to attract investments of over Rs. 10,000 crore. The policy is also expected to reduce air pollution in Gujarat by 6 lakh tonnes per year.

The Gujarat EV policy is a positive step towards promoting the adoption of electric vehicles in India. The policy offers a number of attractive incentives to EV manufacturers and buyers, which will help to make electric vehicles more affordable and accessible. The policy is also expected to create jobs and reduce pollution in Gujarat.

Here are some of the key goals of the Gujarat EV policy:

• To make Gujarat a leading EV manufacturing and adoption hub in India.
• To create over 2 lakh jobs in the EV sector.
• To attract investments of over Rs. 10,000 crore in the EV sector.
• To reduce air pollution in Gujarat by 6 lakh tonnes per year.

The Gujarat EV policy is a comprehensive and ambitious policy that has the potential to make a significant impact on the EV sector in India. The policy is expected to help to accelerate the adoption of electric vehicles in India and to make them more affordable and accessible to a wider range of people.

Gujarat government provides an incentive of up to Rs 10,000 per kWh for electric vehicles.

The government established a goal of 2,000,000 EVs, of which 1,10,000 were electric two-wheelers, 70,000 were electric three-wheelers, and 20,000 were electric four-wheelers.

The subsidy will be provided under Direct Benefit Transfer (DBT) mode from the State Transport Department after verifying the document for the purchase of the vehicle.