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Electric Vehicle Policy Uttar Pradesh: The festive season has started across the country. If in such a situation you are planning to buy an electric vehicle, then this news will prove to be of your use. Let us tell you that the Yogi government of Uttar Pradesh has brought a new Electric Vehicle Manufacturing and Mobility Policy 2022 (New Electric Vehicle Manufacturing and Mobility Policy-2022) to promote the use of electric vehicles. You are going to get many benefits in this.
What is EV Policy
In this EV policy, customers buying an electric vehicle will get huge subsidy along with many facilities. Also, in this policy, a provision has been made for incentives for companies manufacturing EV, battery and related components and service providers developing charging / battery swapping facilities.
UP government claims
The UP government says that the objective of this policy is not only to create an eco-friendly transportation system in the state, but also to make the state a global hub for electric vehicles, batteries and related equipment. The policy aims to attract investment of more than Rs 30,000 crore and provide direct and indirect employment to more than 10 lakh people.
People will get these benefits
Let us tell you that the state of Uttar Pradesh is one of the largest consumer market in India. In this policy, attractive subsidy will be provided to the buyers. Under the policy, all electric vehicles purchased and registered in Uttar Pradesh from customers will not be charged road tax and registration fee for the first 3 years of the policy. Under the policy, a subsidy of 15 percent on the factory price will be given to electric vehicles purchased in Uttar Pradesh. Government employees will be encouraged to buy electric vehicles, for which advances will also be allowed by the state government.
Charging providers will get subsidy
In this policy, provisions have been made to attract large scale investment in EV battery and EV manufacturing. Capital subsidy to service providers developing charging and battery swapping facilities across the state subject to a maximum of 2,000 such charging stations up to a maximum of Rs.10 lakh per project and a maximum of Rs.5 lakh per station subject to a maximum of 1,000 such swapping stations. provision has been made to provide Also, a maximum subsidy of Rs 10 crore per project will be given as 50 percent grant to a maximum of five such projects for setting up centers of excellence by government organizations or public sector undertakings or private companies in the electric vehicle sector.
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