Maharashtra Announces New EV Policy And Aims For 10% New Vehicle Registrations By 2025

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The state of Maharashtra  has announced Electric vehicle policy. The policy aims to support adoption of sustainable and clean mobility solutions in Maharashtra. It aims to transform Maharashtra into a leading state in terms of adoption of electric vehicles in the country. It envisions to retain Maharashtra’s leadership in automotive manufacturing in India and emerge as one of the leading manufacturing and investment hubs for the EV ecosystem globally.

The primary objective of Maharashtra EV Policy 2021 is to accelerate adoption of BEVs in the state so that they contribute to 10% of new vehicle registrations by 2025.

Other key drivers of the policy are:

a. In the five targeted urban agglomerations in the state , achieve 25% electrification of public transport and last-mile delivery vehicles by 2025.

b. Convert 15% of Maharashtra State Road Transport Corporation’s (MSRTC) existing bus fleet to electric.

c. Make Maharashtra the country’s top producer of BEVs in India, in terms of annual production capacity.

d. Target establishment of at least one Gigafactory for the manufacturing of advanced chemistry cell (ACC) batteries in the state.

e. Promote research and development (R&D), innovation, and skill development across the EV ecosystem in the state.

f. Aims to establish 1500 charging stations in the city of Mumbai.

g. Increased demand incentives for 2/3/4W and charging stations.

Please refer the below document for other details.

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