Uttarakhand joins EV bandwagon, provide incentives to EV buyers

Pushkar Singh Dhami, the chief minister of Uttrakhand, has stated that incentives will be offered on the sale of electric cars in the state to encourage the adoption of eco-friendly vehicles and minimize pollution caused by automobiles. The statement was made by the chief minister during a webinar honouring the Himalayan Diwas.

During the virtual meeting, he stated that the Pollution Control Board will provide incentives to the first 5,000 two-wheelers and 1,000 four-wheelers sold to private customers. The incentive on electric two-wheelers will be either 10 percent of their price, or ₹7,500, whichever is lower and the incentive on four-wheelers will be up to ₹50,000 or 5 percent of their price, again whichever is lower. According to Dhami, these incentives would be delivered in the form of a back-end subsidy via direct benefit transfer to banks, financial institutions, or dealers.

He also mentioned that the electric fee paid on the first 250 electric car charging stations will be retained in the domestic category for two years. Individuals and institutions can open a charging station for electric cars if they have enough land and the municipal corporation's authorization. 

Many states of the country have opted for incentives to promote and encourage people to adopt electric vehicles. Assam too joined the electric bandwagon recently after it announced its policy dedicated to EVs. The Assam government aims to bring at least two lakh electric vehicles on road in the next five years. It promised to provide incentives to EV buyers as well.

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