Register now for INR 1 lakh sop on e-vehicles

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Register now for INR 1 lakh sop on e-vehicles

 

The government on Wednesday appealed to people to register online for a subsidy to purchase electric vehicles, including e-autos, on its website. The subsidy being offered is Rs 1 lakh for a car, Rs 12,000 for an e-auto and Rs 5,000 for e-bikes.

TOI had recently reported the state’s decision to offer subsidised charging rates as well as plans to set up 500 e-charging points in two years.

A 10% subsidy will be given for passenger buses registered in the state to private/ public bus transport buyers on base price, the maximum limit being Rs 20 lakh per vehicle, sources said.

A transport department source said, “We have uploaded registration forms online on our transport website (https://di.maharashtra.gov.in), but the subsidy is on a first come, first served basis and will be applicable to the first lot of buyers.”

The buyer is eligible for subsidy after the vehicle is purchased, registered by RTO and received. The applicant has to upload scanned copies of the vehicle’s registration certificate, invoice, PAN card, and a cancelled cheque for account details where the amount will be deposited if the application is accepted. An official said the disbursement period of subsidy under the new Electric Vehicle Policy is within three months from the date of submission of application.

Sources said 15% subsidy (maximum limit of Rs 5,000 for two-wheelers, Rs 12,000 for three-wheelers, and Rs 1 lakh for four-wheelers) will be disbursed on the base price of each vehicle to private transport and individual buyers. The subsidy will be for the first one lakh electric vehicles, which will include 10,000 four-wheelers, 20,000 autos/three-wheelers and 70,000 two-wheelers, sources stated. The first 1,000 EV private/public passenger bus buyers will be eligible whose vehicles are registered in the state.

While charging points are being set up or planned by power utility firms, officials said common charging points will also be encouraged in residential areas, bus depots, parking lots, railway stations and fuel pumps.

News Source: Economic Times

By | 2018-09-21T01:53:07+00:00 September 21st, 2018|News|Comments Off on Register now for INR 1 lakh sop on e-vehicles
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