The government of the state of Odisha has proposed to offer attractive incentives to buyers of electric vehicles. As per the draft Electric Vehicle (EV) policy, EV buyers are likely to get a 15% subsidy on the purchase.
A maximum of Rs 5,000 subsidy would be given to buyers of two-wheeler buyers, while it would be Rs 12,000 for three-wheelers and Rs 1 lakh for four-wheelers. Government employees would get a 100% interest free loan to purchase electric vehicles as per the draft notification.
Preference to be given to hire battery-operated vehicles for official use by government departments and offices and public sector undertakings. Municipal authorities will provide subsidized parking for all personal EVs. Also, towns and cities will prepare city parking plans to encourage provisions for on-street parking spaces for EVs with subsidized fee and charging stations. The government should also plan to waive road tax and registration fee on the purchase of electric vehicles, the draft read. Adequate battery charging stations will also be set up.
The main aim of the Odisha Electric Vehicle policy is to accelerate the pace of adoption of battery-operated vehicles and achieve adoption of 20% battery-operated vehicles in all registrations by 2025. Manufacture of electric vehicles and its components, including batteries, will also be promoted in the state.
Residential and commercial building owners shall be encouraged to install private charging points on their premises. Setting up of charging infrastructure shall be mandated in the housing policy by the housing and urban development department. The government will provide a grant for purchase of charging equipment up to Rs 5,000 for the first 20,000 such points-notified the policy.
