Odisha Electric Vehicle Subsidy Scheme 2022 – 15% Subsidy on Purchase of EVs
The principle goal of the scheme is to advertise the acquisition of EVs throughout the state. This subsidy quantity will apply to 2 , 3 and 4 wheelers.
Odisha Electrical Automobile Subsidy Scheme 2022
It was determined to begin Odisha Electrical Automobile Subsidy Scheme 2022 on the directions of the Coverage Fee. This Odisha EV subsidy scheme is in accordance with the Odisha Electrical Automobile Coverage 2021 as per the directions issued by the Division of Commerce and Transport.
Quantity of Odisha EV subsidy
Beneath Odisha Electrical Automobile Subsidy Scheme, State Authorities. Present subsidy quantity on buy of EV which will likely be as beneath: –
- For two wheeler, the subsidy quantity will likely be 15% of the price of two wheeler, most Rs. Till. 5000.
- For 3 wheelers, the subsidy quantity will likely be 15% of the worth for 3 wheeler, as much as a most. Rs. 10,000.
- For 4 wheelers, the subsidy quantity will likely be 15% of the worth of the 4 wheeler, as much as a most. Rs. 50,000.
Period of Electrical Automobile Subsidy Scheme in Odisha
The Electrical Automobile Subsidy will come into impact from September 1, 2021 and the quantity will likely be credited to the beneficiary’s checking account by the RTO the place the car is registered. The Odisha EV subsidy scheme will likely be relevant until thirty first December 2025.
Odisha Electrical Automobile Subsidy Portal
A devoted portal will likely be set as much as monitor gross sales, buy incentive credit score and subsidy data on loans to advertise EV purchases. To advertise using electrical autos, the state authorities introduced in October 2021 exemption from registration payment and motorized vehicle tax on all classes of electrical autos.
Supply / Reference Hyperlink: https://economictimes.indiatimes.com/business/renewables/odisha-announces-15-subsidy-on-purchase-of-electric-vehicles/articleshow/89271726.cms
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