Chandigarh Administration Approves Electric Vehicle Policy Draft

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The EV coverage draft might be within the public area for 30 days for inviting solutions and feedback

The Chandigarh Administration permitted town’s first electrical car coverage draft for 5 years that can come into impact from April 1, 2022. The Draft Electric Vehicle Policy, 2022, goals to make Chandigarh a “Model EV City” by attaining one of many highest penetration of zero-emission autos amongst all Indian cities in a interval of 5 years. The draft of the EV coverage might be within the public area for a interval of 30 days for inviting solutions and feedback from all of the stakeholders in addition to most people of the union territory earlier than the coverage is cleared.

Also Read: Reliance Industries Invest Over ₹ 50 Crore In Electric Vehicle Start-Up Altigreen

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The draft coverage suggests capping the variety of petrol and diesel two and three-wheelers bought yearly in Chandigarh in a bid to push adoption of EVs

The Chandigarh Electric Vehicle Policy has made the supply to incentivise the adoption of EVs together with electrical bicycles, two-wheelers, three-wheelers, electrical cargo autos in addition to four-wheelers, passenger and business. The incentives might be over and above the central authorities’s FAME II subsidy that extends to the relevant autos within the nation. Customers who need to avail of incentives should buy and register the car in Chandigarh.

Under the draft coverage, the incentives to purchase electrical autos embody waiving the registration price. Meanwhile, EVs are already exempted from highway tax in Chandigarh until 2024. Moreover, business EVs together with two-wheelers used for last-mile supply ought to convert to an electrical fleet by March 31, 2024. This will embody cab aggregators as properly.

Also Read: Government Agencies Using 5,384 Electric Vehicles, Says Nitin Gadkari

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Cars just like the Tata Nexon EV will be capable to avail advantages of as much as ₹ 1.50 lakh beneath the brand new coverage

Buyers can avail of an incentive of ₹ 5,000 per kW on electrical two-wheelers topic to a most of ₹ 30,000. The incentive stands at ₹ 10,000 per kW on electrical automobiles as much as ₹ 1.50 lakh (up from the sooner ₹ 75,000). An incentive of ₹ 30,000 might be given on the acquisition of e-three-wheelers, e-rickshaws, e-cars and extra. The draft coverage additionally suggests capping the variety of petrol and diesel two-wheelers and three-wheelers yearly within the UT. The four-wheelers might be phased out in a staged method because of the restricted availability of choices and value vary.

The coverage additionally specifies a 100 per cent waiver on parking costs at Chandigarh Municipal Corporation-run parking heaps for 5 years for all types of electrical autos. The Chandigarh Electric Vehicle Policy can even assist create a public charging infrastructure and goals to have at the least 100 public charging stations within the first two years.

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With inputs from NDTV

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