Rajasthan’s EV Policy & Benefits Explained
Rajasthan's new EV grant amount goes as high as Rs 10,000
The subsidy benefits are exclusive to vehicles purchased in Rajasthan. The grant amount ranges from Rs 5,000 to Rs 10,000 depending on the battery capacity of the vehicle. The scheme also lets go of State GST, which is 2.5% of the overall cost of an automobile.With the EV mobility gaining momentum, various states across India have been springing up with their own policies for electric two-wheelers. The latest one to do so is Rajasthan. The state has announced a grant of up to Rs 10,000 on EVs. Here’s the subsidy amount as per the battery capacity.
|
Grant Amount |
Battery Capacity For Electric Two-wheelers |
|
Rs 5,000 |
Less than 2kWh |
|
Rs 7,000 |
2 to 4kWh |
|
Rs 9,000 |
4 to 5kWh |
|
Rs 10,000 |
More than 5kWh |
The amount is a lump sum and varies as per the battery capacity with the maximum being Rs 10,000 for over 5kWh. Moreover, only the vehicles registered in Rajasthan can avail of the benefits. In addition, the Rajasthan government has also ensured to reimburse the GST amount on the EVs purchased, which is 2.5% here.
Gujarat Electric Two-wheeler Policy 2021 Explained In Detail 2021 Suzuki Hayabusa Road Test Review TVS Creon Electric Scooter Incoming - Should The Ather 450X Be Worried?Not to mention, these incentives are irrespective of the Fame 2 benefits. Apart from Rajasthan, even the Maharashtra government is offering huge subsidies on EVs.
Here’s a list of all the electric vehicles currently available in India.
Pratik Bhanushali
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