New Policy Helped Govt Achieve EV Subsidy Target: Haryana Dy CM

The state policies have helped industrialists to establish ground for companies in sectors that have no relation with the state such as Aero-defence, Haryana Deputy Chief Minister Dushyant Chautala had said.

The minister also said that the state government managed to meet the target of subsidising electric vehicles after it launched the new EV policy within nine months against the targeted period of three years. He was attending a closing ceremony of a industrial expo.

“The government is continuously bringing in policies to determine that the state becomes and remains the industry favourite. We have provided a safer environment to the industrialists, hence creating more job opportunities,” he said.

“Despite being a small state, Haryana has 11 expressways to their advantage. We are working to further increase and improve the already existing infrastructure,” Chautala said. He suggested that the district administration and industry associations should organise such expos quarterly and not just annually.

The Haryana government has started a new Haryana electric vehicle policy through which they will be contributing their bit to improve the environment and reduce carbon footprints. This will motivate candidates to buy electric vehicles and boost the development of electronic vehicles in the Haryana state and it will increase and incentivise the manufacturing of electric vehicles, major components of electric vehicles and also batteries.

They will also be the development of charging infrastructure and also human capital development so that they can be the promotion of creating electrical vehicles around Haryana state. This scheme will also promote green automotive technology.

Objective Of Haryana Electric Vehicle Policy

To promote clean transportation by promoting of use of Electric Vehicles (EVs) in the State

To make usage of Electric Vehicles affordable and easy, by setting up a widespread and accessible charging infrastructure

To make Haryana a global hub for manufacturing Electric Vehicles (EVs), major components of EVs and batteries for EVs

To generate employment opportunities in the state

To promote Research and Development (R&D) on various aspects of electric mobility

Capital subsidy of Fixed Capital Investment (FCI)

Capital subsidies will be provided to industries manufacturing Electric Vehicles (BEV/FCEV), major components of EVs, batteries for EVs, and manufacturers of charging infrastructure:

Micro Industry

25 per cent of FCI or INR 15 lakh, whichever is lower

First 20 units in each segment of electric vehicles (two wheelers, three wheelers, four wheelers, buses/Heavy Vehicle) battery and charging equipment

Small Industry

20 per cent of FCI or INR 40 lakh, whichever is lower

First 10 units in each segment of electric vehicles (two wheelers, three wheelers, four wheelers, buses/Heavy Vehicle) battery and charging equipment

Medium Industry

20 per cent of FCI or INR 50 lakh, whichever is lower

First 5 units each in each segment of electric vehicles (two wheelers, three wheelers, four wheelers, buses/Heavy Vehicle) battery and charging equipment

Large Industry

10 per cent of FCI or INR 10 crores, whichever is lower

For first 2 units in each segment of electric vehicles (EV) (two wheelers, three wheelers, four wheelers, buses/Heavy Vehicle), battery and charging equipment

Mega Industry

20 per cent of FCI or INR 20 crore whichever is lower

For first 3 units in the state Mega or Ultra mega units setting up in the State will be also eligible for a special package of incentives as per HEEP 2020

The following incentive will be provided to the people who are buying the electric vehicles:

First 1000 units of Electric Car/Light EV (BEV/FCEV) ranging from price of INR15 lakh to INR 40 lakh, purchased and registered in the state shall receive purchase incentive of 15 per cent of the ex- showroom price of vehicle maximum up to INR 6.00 lakh.

First 200 units of Hybrid Electric Car/ Hybrid Light EV (SHEV/PHEV) ranging from INR 15 lakh toINR 40 lakh purchased and registered in the state shall receive purchase incentive of 15 per cent of the ex- showroom price of vehicle maximum up to INR 3.00 lakh.

First 1000 units of Electric Car/Light EV(BEV/FCEV) ranging from the price of INR 40 lakh to INR70 lakh purchased and registered in the state shall receive a purchase incentive of 15 per cent of the ex-showroom price of vehicle maximum up to INR 10.00 lakh.

First 200 units of Hybrid Electric Car/ Hybrid Light EV (SHEV/PHEV) ranging from INR 40 lakh to INR 70 lakh purchased and registered in the state shall receive a purchase incentive of 15 per cent of the ex-showroom price of vehicle maximum up to INR 5 lakh.

First 200 units of hydrogen based vehicle purchased and registered in the state shall receive a purchase incentive of 15 per cent of the ex- showroom price of vehicle maximum up to INR 10.00 lakh.

First 1000 units of electric tractors for farmers purchased and registered in the state shall receive a purchase incentive of 50 per cent of the ex- showroom price of vehicle maximum up to INR 5 lakh.

First 100 units of hybrid electric tractor for farmers purchased and registered in the state shall receive a purchase incentive of 50 per cent of the ex- showroom price of vehicle maximum up to INR 5 lakh.

First 200 units of electric bus  purchased and registered in the state shall receive a purchase incentive of 10 per cent of the ex- showroom price of vehicle maximum up to INR 10 lakh.