Key Policy Objectives
Promote adoption of Electric Vehicles (EVs) in State to create greener environment
Create employment opportunities both from supply side and demand side of Electric Vehicles
Create a conducive environment for shift from Internal Combustion (IC) engines to Electric Vehicles (EVs)
Develop a strong and sustainable ecosystem for battery management, right from production stage to disposal stage
Develop a strong and sustainable ecosystem for battery management, right from production stage to disposal stage
Key policy highlights
- Land Subsidy@25% of actual cost or prevalent circle rate of land whichever is less
- Capital Interest Subsidy@5% p.a. for 5 years upto Rs 50 lakh p.a., to Large, Anchor EVMU/EBUs & MSME
- Infrastructure Interest subsidy@ 5% p.a. for 5 years upto Rs 1 Cr, to Large, Anchor EVMU/ EBUs & MSME
- Energy@100% exemption to Large, Anchor EVMU/EBUs and MSME units for 10 years
- Patent and Certification@75% reimbursement of patent registration cost and 50%
reimbursement of quality certification charges for MSME only - Capital Subsidy for Charging Facility@25% on FCI (excluding land cost) to first 1000 charging stations upto Rs 6 lakh per charging station
- Capital Interest Subsidy for Charging Station@50% reimbursement on FCI (excluding land cost) for setting up hydrogen generation and fuelling plants to first 10 units, subject to max INR 50 lakh per unit.
- Vehicle Registration Fee@ 100% exemption from Vehicle registration fees (Only First 1 lakh buyers, and Vehicle manufactures in UP)
Download Policy Document (English Language Size : 268 KB Last Updated On – Oct 14, 2021) Download Policy Document (Hindi Language Size : 875 KB Last Updated On – Oct 14, 2021)
























