The Maharashtra government has approved a new EV policy to boost the production and use of electric vehicles in what is already the second largest EV market in India.
"The cabinet has approved a new EV policy that aims to boost manufacturing and adoption of electric vehicles in Maharashtra," Chief Minister Devendra Fadnavis said after a cabinet meeting on Tuesday. "Special emphasis will be laid on growing the EV charging infrastructure in the state, as well as extending subsidy and toll-free travel for EVs."
The Maharashtra Electric Vehicle Policy, 2025, with a total outlay of Rs 1,993 crore, will be applicable for the next five years until 2030, according to a statement. It includes:
EV charging stations every 25 km on national highways crossing Maharashtra.
Electric cars will be charged 50% toll on state and national highways.
No toll for electric cars on Mumbai-Pune Expressway, Atal Setu and Samruddhi Mahamarg (Mumbai-Nagpur Expressway).
Implementation of the Clean Mobility Transition Model to curb carbon and greenhouse gas emissions by the transport sector by 2030.
All EVs are exempt from motor vehicle tax, registration certificate or renewal fees.
Additionally, citizens and public bodies will get a 10% concession on the original cost of the electric vehicles procured by them. EVs hauling cargo and electric tractors will enjoy a 15% discount on original cost.
The Maharashtra budget did try to tax luxury electric cars priced Rs 30 lakh and above at 6%, but the proposal was rolled back by Fadnavis. The state is already the second largest EV market in India.
In the fiscal ended March 31, the state accounted for 18% (2.12 lakh units) of all electric two-wheeler sales, 16% (17,133 units) of all electric car sales, and 24% (2,104 units) of all electric bus sales in India.
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