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Maharashtra Rolls Out New EV Policy; Targets 30% Adoption By 2030

  • Maharashtra government rolls out a new Electric Vehicle (EV) policy with a target of achieving 30% EV adoption by 2030. The policy will be effective from April 1, 2025, to March 31, 2030.
  • The new policy mandates new residential buildings to provide EV charging facilities and offers incentives like toll waivers for eco-friendly vehicles.
  • Incentives under the policy include up to Rs 2 lakh for electric four-wheelers, Rs 20 lakh for electric buses, exemption from Motor Vehicle Tax and registration renewal fees for EVs, and toll exemption on specific expressways.
  • The policy also emphasizes developing charging infrastructure along highways, ensuring government office parking spaces have EV charging stations, and introducing specialized EV courses at the Maharashtra State Board of Technical Education.

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