GrnLYFT Logo - Sustainable B2B EV Transportation Solutions
admin EV

Central Government Support:…

Central Government Support - FAME Scheme (Faster Adoption and Manufacturing of Hybrid & Electric Vehicles) Started in 2015, now in its second phase (FAME-II). - Offers subsidies to make EVs cheaper — for example, up to ₹15,000 per kWh for two-wheelers (capped at 40% of the vehicle cost) and ₹20,000 per kWh for e-buses. - Funds public charging stations — over 2,600 sanctioned across 24 states/UTs. - PLI Scheme for Advanced Chemistry Cell (ACC) Batteries - ₹18,100 crore incentive pool to attract large-scale battery manufacturing in India. - Aims to make India self-reliant in battery tech and reduce imports. Battery Swapping Policy - Standardises battery sizes and tech so EV owners can quickly swap batteries instead of waiting to charge. Tax Benefits - Lower GST on EVs (5% vs. 28% on petrol/diesel vehicles). - Income tax deduction on interest paid for EV loans. Phased Manufacturing Programme (PMP) - Gradually increases import duties on fully built EVs and parts to encourage local manufacturing. State Government Support Many states have their own EV policies — here’s what they typically offer: - Extra Purchase Subsidies on top of central FAME benefits. - Road Tax & Registration Fee Waivers to cut upfront costs. - Capital Subsidies for Charging Stations to expand infrastructure. - Special EV Zones in cities with dedicated parking and charging. - Manufacturing Incentives like land at concessional rates, stamp duty exemptions, and power tariff discounts. Examples: - Delhi offers up to ₹30,000 subsidy for e-two-wheelers and waives road tax. - Maharashtra gives incentives for both buyers and manufacturers, plus scrappage benefits. - Tamil Nadu focuses on attracting EV factories with tax breaks and infrastructure support. In plain terms: The central government is building the national backbone — big-ticket subsidies, battery manufacturing, and charging networks — while states are adding local muscle with extra discounts, tax waivers, and factory-friendly policies. Together, they’re trying to make EVs cheaper to buy, easier to charge, and more attractive to build in India. hashtag hashtag#GRNLYFTMobility hashtag hashtag#GRNLYFT hashtag hashtag#sustainability hashtag hashtag#Zerocarbon hashtag hashtag#Greenfuture

We use cookies

We use cookies to ensure the best experience on our website. For details, see our cookie policy.

By clicking Accept, consent is granted for cookies.
Learn more.