2021-09-17
Statewise Incentives for EV Buyers

Statewise Incentives for EV Buyers

Buyer Side Incentives

Center

EV Buyer Incentives 

FAME 

  • To promote and incentivize the production of Hybrid and Evs, in 2015, FAME India scheme was launched.
  • Phase I started in March 2015 and ended in March 2019, whereas Phase II started from April 2019 to March 2024.

FAME I

  • Incentive Support of ~ INR 359 Cr. to 2.8 lakh hybrid & EVs and ~ INR 280 Cr. to 425 hybrid & e-buses. Approx. INR 43 Cr. for ~ 500 Charging stations/ infrastructure.

FAME II

    • 10,000 EVs supported for INR 27 Cr., through demand incentive.
    • 5,595 e-buses amounting INR 2,800 Cr. sanctioned to States. Out of which, 670 e-buses have been sanctioned.
  • 2,636 Charging Stations sanctioned amounting INR 500 Cr. in 62 cities. Out of which, 241 stations have been approved.

States 

EV Buyer Incentives 

Andhra Pradesh 

(08-06-2018)

  • Complete reimbursement of road tax and registration fees on sale of EV till 2024

Bihar

(Draft)

2019

  • Incentives for Electric Vehicle (15% subsidy)
    • 2W – INR 5,000 – 24,000 units
    • 3W – INR 12,000 – 70,000 units
    • 4W – INR 1,00,000 – 4,000 units
    • Buses – INR 2,000,000 – 1,000 units
  • Special Incentive of INR 10,000 for E-Rickshaws using Li-ion batteries.
  • Exemption of road tax and registration fee for EV’s

Chandigarh 

  • Direct subsidy of Rs 20,000 for first 3,000 buyers of Electric two-wheelers & three-wheelers.
  • Free one-year insurance for first 1,000 EV buyers
  • Exemption from Road Tax & Registration charges till 2024
  • 30% subsidy on installation of home chargers.
  • 15% subsidy for charging infrastructure companies to set up public charging stations

Delhi

(07-08-2020)

  • Exemption from road tax, registration fees and MCD one-time parking fee
  • Scrapping and de-registration incentive
  • Purchase Incentive to registered owner
  • Cash Back rebates
  • 30% subsidy on installation of home chargers.

Gujarat

(01-07-2021)

  • Incentives for Electric Vehicles
    • 2W – INR 20,000 - 110,000 Units
    • 3W – INR 50,000 - 70,000 Units
    • 4W – up to INR 1.5 Lakh – 20,000 Units
  • Exemption of road tax

Haryana

(Draft)

  • 100% exemption of road tax
  • 100% interest free loans to the State Government employees
  • 30% subsidy on road price of Electric vehicle in form of reimbursement directly to the buyer in the State
  • All the registered electric vehicles will be exempted from paying of State Toll tax
  • Additional incentives for first 6 months
    • E-Rickshaw/Carts – INR 25,000
    • 2W – INR 50,000
    • 4W (Below 10 lakh) – INR 75,000
  • 4W (Above 10 lakh) – INR 1,00,000

Karnataka

(25-09-2017)

  • Incentives for Electric Vehicle
    • 2W – INR 7,500 – 22,000 unit
    • 4W – INR 13,000 – 6,10,000 unit
    • Buses – INR 8,500,000 – 10,000,000 unit

Kerala

(10-03-2019)

  • Road tax exemption for first three years
  • Subsidy of INR 30,000 or 25% of EV (whichever is lower)

Maharashtra

(13-07-2021)

  • Incentives
    • 2W (L1 & L2) – INR 10,000 – 1,00,000 Units
    • 3W Auto (L5M) – INR 30,000 – 15,000 Units
    • 3W Goods Carrier (L5M) – INR 30,000 – 10,000 Units
    • 4W Private Vehicle (M1) – INR 1,50,000 – 10,000 Units
    • 4W Commercial (N1) – INR 1,00,000 – 10,000 Units
  • eBus – INR 20,00,000 – 1,000 Units

Madhya Pradesh

(30-08-2019)

  • Road tax exemption and free parking for first five years for all type of vehicle
  • All electric buses will receive, 50% rebate on toll taxes for 5 years

Meghalaya

(05-02-2021)

  • 2W – INR 10,000 per kWh – first 3,500 Units (for vehicles with EX-showroom price of more than 1.5 lakh)
  • 3W – INR 4,000 per kWh – first 200 Units (for vehicles with EX-showroom price of more than 5 lakh)
  • 4W – INR 4,000 per kWh – first 2,500 Units (for vehicles with EX-showroom price of more than 15 lakh)
  • eBuses – INR 4,000 per kWh – first 30 Units

Orissa

(11-02-2021)

  • Incentives
    • 2W – INR 5,000
    • 3W – INR 12,000
    • 4W – INR 1,00,000
    • eBuses – INR 20,00,000
    • Electric Goods Carrier – INR 30,000
  • 100% exemption on road tax & registration fees for the first four years

Punjab 

(Draft)

  • Exemption of road tax and registration charges for 2W, 3W, 4W and Buses.

Rajasthan

(16-07-2021)

  • EV Incentives for 2W
    • 2 kWh – INR 5,000
    • 4 kWh – INR 7,000
    • 5 kWh – INR 9,000
    • >5 kWh – INR 10,000
  • EV Incentives for 3W
    • 3kWh – INR 10,000
    • 4kWh – INR 15,000
    • 5kWh – INR 17,000
    • >5kWh – INR 20,000

Tamil Nadu 

(2019)

  • Exemption of road tax and registration charges for 2W, 3W and 4W till 30-12-2022
  • Reimbursement of SGST – 100%
  • Capital subsidy of 15%
  • 100% exemption on electricity tax, stamp duty
  • Subsidy on cost of land, employment incentive

Telangana

(2020)

  • Road Tax and registration fee exempted for first 2,00,000 electric 2W
  • Road Tax and registration fee exempted for first 20,000 electric 3W
  • Road Tax and registration fee exempted for first 5,000 electric 4W
  • Road Tax and registration fee exempted for first 500 electric buses

Uttar Pradesh

(2019)

  • Incentives for Electric Vehicle
    • 100% road tax exemption
    • 100% Interest free loans
  • 30% subsidy on road price of EV

Uttarakhand

(08-10-2018)

  • First 100,000 customers purchasing EVs in the state will not have to pay motor vehicle tax for a period of 5 years.
  • First 100,000 customers purchasing commercial EV’s, or electric stage carriages will also be able to avail exemption from tax.