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Electric Vehicle (EV) Policy: Assam

Electric Vehicle (EV) Policy: Assam:

The Assam government has unveiled an electric vehicle (EV) policy for phasing out vehicles running on fossil fuels by 2030.

Highlights of the Policy:

  • The policy aims to introduce at least 200,000 electric vehicles (EVs) within the next five years through a set of incentives for buyers.
  • It entails converting all government vehicles and fleet of public buses to electric and deploying 2 lakh EVs within the next five years.
  • In order to encourage people to buy EVs, the state government will give a subsidy of ₹20,000 on two-wheelers, ₹50,000 for three-wheelers and ₹1.5 lakh for four-wheelers.
  • There will be 100% exemption of registration fees, road tax and parking fees for EVs.
  • It also envisages charging stations for EVs across the state. Entrepreneurs setting up the stations will get a 90% discount on their electricity bills for the first five years.
  • The government aims to see 6 million electric and hybrid vehicles on the roads by 2020 under the National Electric Mobility Mission Plan 2020.
  • Faster Adoption and Manufacturing of Electric Vehicles in India (FAME India Scheme) for improving electric mobility in India.