Maharashtra Approves New EV Policy With Tax Waivers, Infra Push

The Maharashtra Cabinet, led by chief minister Devendra Fadnavis, has approved the new electric vehicle (EV) policy 2025, aimed at boosting electric mobility adoption and manufacturing across the state.

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

A PTI report said that select electric vehicles plying on highways will be given a toll waiver under the new EV Policy. Besides, subsidies will also be provided on purchase of such vehicles to help in combating air pollution.

“The state government has approved a new EV policy, under which passenger EVs will be given subsidies. EV manufacturing and their use should increase in the state,” Fadnavis was quoted as saying in the report.

Further, the policy also focused on clean mobility transition model adoption by giving sops to those switching to EVs till 2030.

The CM further said that under the new EV policy, charging infrastructure will be strengthened across the state and charging facilities will be installed on national highways at an interval of 25 km.

The new policy will cover electric two-wheelers, three-wheelers, private four-wheelers, state transport corporation buses, private buses, transport undertakings under civic bodies, with a 10% concession on purchase on its original cost.

This also comes close on the heels of the Delhi government reportedly under its upcoming Electric Vehicle Policy 2.0.

(The story will be updated soon)

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