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5 crore rupees will be spent in Chandigarh for electric vehicle subsidy, all types of e-vehicles will be exempted

According to the notification of the Chandigarh e-vehicle policy, a subsidy of Rs 3,000 to Rs 2 lakh has been fixed for buying private or commercial electric two wheelers or four wheelers in the city. Apart from this, a rule has also been made to give fair price to the people getting the vehicle scrapped for their vehicle.

Chandigarh Administration has said that the subsidy on two-wheeler and four-wheeler electric vehicles has been analyzed in the draft policy. The administration is soon rolling out a single window system for EV customers where the customers will be able to complete all the formalities for claiming the subsidy.

The Chandigarh Electric Vehicle Policy has a provision to encourage the adoption of electric vehicles including electric cycles, two wheelers, three wheelers, electric cargo vehicles as well as four wheelers, passenger and commercial. Incentives under the policy will be given in addition to the FAME II scheme of the Central Government. Customers buying electric vehicles in Chandigarh will be able to take advantage of the subsidy available under this policy.

5 crore rupees will be spent in Chandigarh for electric vehicle subsidy, all types of e-vehicles will be exempted

Under the draft policy, incentives to buy electric vehicles include waiving off the registration fee. Electric vehicles in Chandigarh have already been exempted from road tax till 2024. In addition, commercial electric vehicles, including two-wheelers used for last mile delivery, have been directed to convert to electric fleet by March 31, 2024. This will also include cab aggregators.

5 crore rupees will be spent in Chandigarh for electric vehicle subsidy, all types of e-vehicles will be exempted

Buyers can avail incentives of Rs 5,000 per kWh on two-wheeler electric vehicles, up to a maximum of Rs 30,000. At the same time, an incentive of Rs 10,000 per kilowatt will be given on electric cars, which can be up to a maximum of Rs 1.50 lakh. A maximum subsidy of Rs 30,000 will be given on three-wheeled electric rickshaw or any three-wheeled electric vehicle.

5 crore rupees will be spent in Chandigarh for electric vehicle subsidy, all types of e-vehicles will be exempted

The draft policy also suggests limiting the number of petrol and diesel two-wheelers and three-wheelers in Chandigarh every year. Four wheelers will be phased out due to limited availability of options and price range.

The policy also mentions 100% rebate on parking charges for all types of electric vehicles at parking lots operated by Chandigarh Municipal Corporation for five years. The Chandigarh Electric Vehicle Policy will also help in creating public charging infrastructure and aims to build at least 100 public charging stations in the first two years.

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