Chhattisgarh Govt Introduces EV Policy

- Advertisement -

Chhattisgarh is the latest state to introduce an EV policy to ensure a healthy environment for a sustainable future for citizens, reduce carbon footprint and minimise the causes of rising concerns of rapidly increasing toxic gas emissions from vehicles. The policy was approved on Thursday and aims to develop the state as a manufacturing hub, protect the environment and create employment opportunities. The policy in which road tax and registration fee waivers are provisioned will also encourage the use of EVs, thereby ensuring relief to people bearing the brunt of rising fuel prices, an official said.

The okay to the Chhattisgarh EV policy was granted during a cabinet meeting chaired by Chief Minister at his official residence here, he said.

“Chhattisgarh will become a manufacturing hub for electric vehicles and their accessories in the coming years. The policy will create unlimited employment opportunities for the youth. The decision will also benefit buyers and manufacturers of electric vehicles and people engaged in research and development work in the sector,” a release quoted Baghel as saying.

- Advertisement -

The policy aims to ensure a healthy environment for a sustainable future for citizens, reduce carbon footprint and minimise the causes of rising concerns of rapidly increasing toxic gas emissions from vehicles, etc, the statement said. The operations of both commercial and non-commercial vehicles will be encouraged under the policy, it said. “Under the policy, the government has set a target of five years and aims to have 15 per cent of new registrations of vehicles, either under individual use or commercial use as EVs till 2027,” it said.

The state government has announced a waiver in the registration fees on the sale of EVs registered in the state during the policy period. Besides, there will be a complete road tax exemption on all EVs purchased during the first two years from the date of commencement of this policy, it was stated.

“The state government will provide capital subsidy of 25 per cent to the selected energy operators on charging equipment/machinery to the first 300 fast-charging stations commissioned in the state up to a maximum of Rs 10 lakh per station,” it said. The government will also provide complete SGST reimbursement to energy operators for purchase of batteries to be used in switching / swapping stations, while 100 per cent SGST will be reimbursed on the sale of electric buses and electric freight vehicles sold and registered in the state, it said.

Charging stations will be built in government and private buildings, the release said.


 

- Advertisement -

Most Popular Articles

Nishchay Pandey
Nishchay Pandey
Bioengineer with a knack for writing, I love IoT, Open-source and creativity.

Cabinet Approves ₹109 Billion PM E-DRIVE Scheme

0
Against the expectations surrounding the FAME-III, the ₹109 billion PM E-DRIVE scheme will no longer E-cars and hybrid vehicles except ambulances. On Wednesday, the...

SEMI, IESA Unite To Boost Domestic Semiconductor Sector

0
Announcing a partnership at the SEMICON India event, IESA is set to represent SEMI in the domestic chip industry, besides maintaining its brand, to...

PM Modi Inaugurates SEMICON India 2024, Discusses India’s Potential

0
With already poured ₹1.5 trillion in the sector, Prime Minister Modi’s inaugural speech at the SEMICON India 2024 was all about India’s trail towards...

L&T Plans $300M For Fabless Chip Venture In India

0
Focusing on the automotive and industrial sector, Larsen & Toubro is on the way of establishing a $300 million fabless semiconductor firm in India,...

Honeywell Installs 1.4MWh Battery System To Decarbonise Lakshadweep

0
Aiming to reduce carbon emission in the Lakshadweep Islands, Honeywell has deployed a 1.4MWh battery storage system for Solar Energy Corporation’s project there, marking...
Pradeep Palelli co-founder and CEO of Thanos Technologies

“Drones Represent High Technology And Are High-Ticket Items” – Pradeep Palelli, Co-Founder and CEO...

0
Three thousand – not a nod to Iron Man's love for his daughter, but the annual production capacity of spraying agri-drones at Thanos Technologies’...
Ratul Borah, Founder & CEO, Elecnovo

“Our Patent Technologies Contribute To The Advancement Of EV Industry” – Ratul Borah, Founder...

0
During an interaction with Nitisha Dubey from EFY, Ratul Borah of Elecnovo Private Limited, talks about his patent technologies and future growth strategies… Q. Please...
Mukesh Vasani, CEO, Aimtron Group

“30-40% Of Our Operations Are Outside India, But We Are Working Towards Greater Self-Reliance”...

0
In a conversation with EFY’s Nitisha Dubey, Aimtron Group CEO Mukesh Vasani highlighted key manufacturing features and global expansion strategies. Q. What milestones mark Aimtron...

“Think E2W Market Is Crowded, Then Look At The E-Rickshaw Market!” – Gopal Jaidka,...

0
There are over 150 brands claiming to manufacture electric two-wheelers in India, with new ones continually entering the fray. Is this saturation, or is...

“We Aim To Create One Village-Level Drone Entrepreneur And One Agri-Entrepreneur Across India” –...

0
Being essential in agriculture, drone operation is not an amateur’s job. In a discussion with EFY’s Nitisha, Preet Sandhuu, Co-Founder of AVPL, discusses the...

Formula Racing Students Teams To PMSM Motors With 97% Efficiency

0
What can four students from Formula Racing teams accomplish? Why would they shift from creating an electric two-wheeler brand to tackling the rigorous B2B...

STMicroelectronics Joins RISC-V Startup Quintauris As Shareholder

0
To enhance RISC-V product development, STMicroelectronics has joined startup Quintauris as its sixth shareholder, which focuses on automotive and future mobile/IoT applications. Swiss semiconductor company...

Chip Design Startup BigEndian Receives $3M Investment

0
Eyeing expansion in engineering and R&D teams for security solutions, domestic fabless startup BigEndian has obtained a $3 million investment from Vertex Ventures SEA...

OLA’s AI Venture Krutrim To Release Silicon Chips

0
Ola’s Krutrim partners with Arm and Untether to manufacture AI silicon chips, with plans to integrate them into electric scooters. Krutrim, the AI startup founded...
Sharath Shyamasunder, Founder and CEO of The Startup Zone

“Unfortunately, Many Startups Are Not Aware Of The Policies”

0
Should startups funnel their funding and investments into their existing bank accounts, or is it wiser to open a separate one? What are the...

Industry's Buzz

Learn From Leaders

Startups