Maharashtra, the country’s second-largest state in terms of electric vehicles, has made history by giving its go-ahead to its new Electric Vehicle (EV) Policy. This path-breaking move is designed to promote EV growth exponentially, alongside mitigating range anxiety by broadening the charging network in the state. After cabinet approval, Chief Minister Devendra Fadnavis reaffirmed the government’s intent to make electric mobility affordable and accessible to all citizens. The new policy is anticipated to bring in a new era of green-friendly transport in the state.
Big Incentives for EV Buyers
Good news is in store for EV buyers—this policy is full of goodies. Electric vehicle users will be eligible for subsidies on purchase and exemption from toll charges by the state government. All these benefits are part of a larger policy to promote EV sales and eco-friendly transport. Most importantly, major efforts are being focused on increasing charging points across Maharashtra so that electric mobility becomes convenient and smooth.
Chief Minister Fadnavis mentioned that the 2025 Maharashtra EV Policy, running until 2030, will lead to an enormous push for EV production and consumer buying. Supported by a strong budget of ₹1,993 crore, the policy will be critical to transforming the state into clean mobility.
10% Discount on EV Purchase
One of the most attractive aspects of this policy is a 10% direct subsidy on the base rate of electric vehicles. This is offered on:
- Electric two-wheelers
- Three-wheelers
- Four-wheelers
- State transport corporation buses
- Private buses
- Civic body transportation vehicles
This major price reduction is aimed at making EVs more appealing and affordable to the masses, speeding up the state’s transition to green transportation.
15% Subsidy for Cargo EVs and Tractors
The policy also provides a 15% rebate on the base price of:
- Electric cargo three-wheelers
- Electric four-wheelers
- Electric tractors
Registration fees on all electric vehicles will also be exempted, further reducing the cost barrier to EV ownership.
Huge Toll Fee Waivers
With the new EV policy, toll rates are going to plummet. Highlights include:
- 100% toll waiver for electric four-wheelers and electric buses on:
- Mumbai–Pune Expressway
- Atal Setu
- Samruddhi Mahamarg
- 50% toll cut on national and state highways for all EVs
This historic step is likely to lower running costs for EV owners, particularly commercial transporters, while promoting adoption in urban and rural areas.
Summary of Key Benefits:
| Benefit | Details |
|---|---|
| EV Purchase Discount | 10% off base price for most electric vehicles |
| Cargo & Tractor EV Discount | 15% off base price |
| Toll Waivers | 100% on select expressways, 50% on other highways |
| Registration Fee | Waived for all EV categories |
| Charging Infrastructure | Major statewide expansion planned |
| Validity | EV policy active through 2030 |
| Budget Allocation | ₹1,993 crore for full policy implementation |
With this forward-thinking EV policy, Maharashtra is setting itself up to be a national leader in clean, green transport. Whether you’re a retail buyer, fleet owner, or manufacturer, now is the time to switch to electric.
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