Tuesday, June 22, 2021

Electric vehicle makers laud Gujarat policy, terming it progressive

 

Various companies like Tata Motors, Mahindra and Hero Electric on Tuesday lauded the Gujarat government for bringing a new electric vehicle policy in the state.



Gujarat Chief Minister Vijay Rupani unveiled the 'Gujarat Electric Vehicle Policy 2021', which, according to him, has been designed to see at least two lakh electric vehicles on the state roads in the next four years.

To encourage people to turn to e-vehicles, the state government will provide subsidies ranging from Rs 20,000 to Rs 1,50,000 on the purchase of vehicles under this policy, which will remain effective for four years.

It is estimated that around 1.10 lakh electric two-wheel vehicles, 70,000 three-wheelers and 20,000 four-wheelers will be used in the state in the next four years following the implementation of this policy.

The state government will provide a subsidy of up to Rs 20,000 on the purchase of an electric two-wheeler, Rs 50,000 for a three-wheeler and Rs 1,50,000 on the purchase of a four-wheeler.

We welcome the move by the Gujarat Government, offering incentive support for all categories of electric vehicles. This clearly signals a strong resolve of the government towards a cleaner environment and a sustainable future for the country," Tata Motors President Passenger Vehicle Business Unit Shailesh Chandra said in a statement.

Also, the support extended towards charging infrastructure will accelerate the ecosystem development and bring greater comfort for EV buyers, he added.

Similarly, Mahindra Electric Mobility CEO Mahesh Babu termed the policy as both progressive and comprehensive in nature.

 

 

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