February 23, 2024

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Odisha govt approves electric vehicles policy 2021 

Odisha electric vehicles policy 2021 

Odisha govt approves electric vehicles policy 2021 

The Odisha government has approved electric vehicles policy to promote the adoption of electric vehicles in the State and to have cleaner vehicles plying on roads. The State Cabinet headed by Chief Minister Naveen Patnaik has approved the Electric Vehicle Policy, 2021. It aims to have 20 per cent electric vehicles on road by 2025. Read further to know more about Odisha electric vehicles policy 2021. 

Under the policy, the buyers will get a 15% subsidy of up to Rs 5,000 on the purchase of two-wheelers while electric three-wheelers buyers can avail of a 15% subsidy worth up to Rs 12,000. For a four-wheelers purchase, it is offering a 15% subsidy worth up to Rs 1,00,000.

Chief Secretary Suresh Chandra Mahapatra said, “The objective is to reduce emissions caused by the use of traditional fossil fuel-run vehicles and promote the manufacture of electric vehicles.”

“The cabinet took various decisions the major decisions of Cabinet included the approval for promotion of the use of electric vehicles in the State through different kinds of incentives and Odisha Sand Policy-2021 for ensuring an adequate supply of sand for developmental projects and construction works. The main objective of the sand policy is to prevent the scope for illegal mining of sand,” said Mahapatra.

The state government employees will be able to avail of 100% interest-free loans on the purchase of electric vehicles on loan. The policy also directs municipal bodies to offer subsidised parking to electric vehicles.

The Odisha government had recent recently announced its draft electric vehicles policy 2021. According to the draft EV policy issued by the Odisha Commerce and Transport Department, the customers will get a subsidy of 15 per cent on the purchase of electric vehicles (EV). The electric vehicle policy is valid for a period of five years.

Also read related article: Draft Odisha electric vehicles policy 2021

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