Odisha Unveils EV Policy 2.0: Aims for 50% Electric Vehicle Registrations by 2036
โ Policy Vision and Goals
- Achieving 50% EV penetration in new vehicle registrations by 2036.
- Promoting the adoption of Battery Electric Vehicles (BEVs) across private, public, and commercial segments.
- Strengthening EV infrastructure across urban and rural regions.
๐ Incentives for Buyers and Industry Stakeholders
To drive adoption, the policy offers a host of financial and non-financial incentives:
- Subsidies and exemptions on road tax and registration fees for EV buyers.
- Capital incentives and interest subsidies for manufacturers and EV-related startups.
- Support for retrofitting old vehicles with electric kits.
Additionally, fleet operators, ride-sharing platforms, and last-mile delivery companies are encouraged to switch to electric by availing fleet-focused benefits.
โก Charging Infrastructure Expansion
Odisha currently boasts 550+ public charging stations, and the policy aims to multiply this figure in the next few years. Key focus areas include:
- Setting up charging stations every 25 km on highways.
- Urban EV Zones with fast chargers and battery-swapping stations.
- Incentivizing private and commercial charging station setups with land and power subsidies.
๐ต Support for Two-Wheelers, Three-Wheelers, and Buses
- Electrification of public buses through partnerships with OEMs.
- Dedicated EV lanes and priority parking zones in key cities.
- Integration of EVs in government fleets and institutional transportation.
๐ฟ A Step Towards Sustainable and Smart Cities
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