Maharashtra's newly approved Electric Vehicle (EV) Policy 2025, with an investment of Rs.1,993 crore, aims to position the state as a leader in sustainable transportation. The policy offers subsidies, toll exemptions, and infrastructure enhancements to accelerate EV adoption across various vehicle segments.

Key Highlights:

• Policy Duration and Budget: The EV Policy 2025 is effective until 2030, with a total outlay of ?1,993 crore allocated to promote electric mobility in the state. ?
• Subsidies Across Vehicle Segments: The policy provides subsidies of up to 10% on electric two-wheelers (E2Ws), three-wheelers (E3Ws), four-wheelers (E4Ws), and electric buses. Electric cargo vehicles, including three-wheelers, four-wheelers, and tractors, are eligible for subsidies up to 15%. ?
• Toll Exemptions: Electric four-wheelers and buses are exempt from toll charges on major expressways such as the Mumbai-Pune Expressway, Atal Setu, and Samruddhi Mahamarg. On other highways, tolls will be reduced by 50%. ?
• Infrastructure Development: The policy emphasizes the expansion of EV charging infrastructure across key urban centers and highways to address accessibility challenges and support widespread EV adoption. ?
• Registration Fee Waivers: To reduce the upfront cost of EVs, the policy includes provisions for waiving registration fees for electric vehicles.?
• Target for EV Adoption: Maharashtra aims to achieve up to 30% of new vehicle registrations as electric vehicles by 2030, positioning the state as a national leader in sustainable mobility. ?

The Maharashtra EV Policy 2025 is a significant step towards reducing carbon emissions and promoting green mobility in the state.