Maharashtra Approves New EV Policy With Tax Waivers, Infra Push

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SUMMARY

Electric vehicles on highways will be given a toll waiver and subsidies on purchase of such vehicles to help in controlling air pollution under the new EV policy

The policy also focuses on clean mobility transition model adoption by giving sops to those switching to EVs till 2030

The new EV policy, which will be effective until 2030, includes a provision of INR 1,993 Cr over the next five years for its implementation

The Maharashtra Cabinet, led by chief minister…



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Maharashtra Approves New EV Policy With Tax Waivers, Infra Push


SUMMARY

Electric vehicles on highways will be given a toll waiver and subsidies on purchase of such vehicles to help in controlling air pollution under the new EV policy

The policy also focuses on clean mobility transition model adoption by giving sops to those switching to EVs till 2030

The new EV policy, which will be effective until 2030, includes a provision of INR 1,993 Cr over the next five years for its implementation

The Maharashtra Cabinet, led by chief minister…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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