Gujarat government on Tuesday announced its new electric vehicle policy which could quicken the process of EV adoption in the state.
Under the Gujarat EV policy, the state plans to provide ₹870 crore subsidy support for two lakh electric vehicles over the next four years.
Electric two-wheelers will receive a subsidy of up to ₹20,000 and there will be a subsidy of up to ₹1.5 lakh on electric cars.
These subsidies will be available over and above the FAME-II subsidies that are provided by the central government.
The EV policy also announced a 25% capital subsidy of up to ₹10 lakh for the installation of 250 charging stations across the state.