Monday, September 26, 2022
HomeAutoEV Subsidy: Odisha government will give 15% subsidy on electric vehicles, know...

EV Subsidy: Odisha government will give 15% subsidy on electric vehicles, know full details

EV subsidy will come in bank account

According to the notification issued by the Department of Commerce and Transport, the decision to give subsidy has been taken on the suggestion of NITI Aayog and in accordance with the Odisha Electric Vehicle Policy 2021. The subsidy on electric vehicles will be applicable from September 1. The subsidy will be credited through Direct Benefit Transfer (DBT) into the bank accounts of the beneficiaries registered with the RTO. This scheme will be applicable till December 31, 2025.

EV Subsidy: Odisha government will give 15% subsidy on electric vehicles, know full details

Dedicated portal also started

The state government has launched a dedicated portal for monitoring information related to purchase, sale, and subsidy of electric vehicles. In October last year, the Odisha government had also announced waiver of registration fee and motor vehicle taxes on all categories of electric vehicles.

EV Subsidy: Odisha government will give 15% subsidy on electric vehicles, know full details

Charging station to be built in Bhubaneshwar

The Odisha government is focusing on setting up a robust electric vehicle charging infrastructure in the state. Under which a plan has been prepared for the construction of seven EV charging stations in Bhubaneswar, the capital of Odisha. These charging stations will be started on priority basis at places like malls, parking lots, hotels, residential complexes, highways and workplaces. Odisha aims to achieve 20 per cent of the total vehicle registrations for battery-operated electric vehicles by the year 2025.

EV Subsidy: Odisha government will give 15% subsidy on electric vehicles, know full details

Demand for electric vehicles will increase in the country

In the general budget presented on February 1, the central government has made several important announcements for electric vehicles. Although the budget has not announced to increase or decrease the prices of electric vehicles, but the central government will implement a low battery swapping policy for electric vehicles, which will make it easier for the electric vehicle to travel long distances without charging it again and again. Will go

EV Subsidy: Odisha government will give 15% subsidy on electric vehicles, know full details

Apart from this, a policy has been prepared in the budget to promote the use of clean fuel and electric vehicles in the public transport sector. Under this policy, the private sector will be encouraged to make batteries for electric vehicles. In addition, special mobility zones will be developed for electric vehicles and industries will be developed for semiconductor production.

- Advertisement -
MOBILE

Auto

Two Wheeler

BUSINESS AND FINANCE

Digit News