Sunday, February 16, 2025

Gujarat goes big on electric vehicles with 1475 per cent surge in registration

- Advertisement -spot_img

Gujarat has witnessed a huge jump in EV registration by 1475% since the adoption of the Gujarat State Electric Vehicle Policy in 2021.

From a mere 7240 EVs prior to the implementation of the Policy, the total number of registered EVs in Gujarat is presently 1,18,086.

For the last five months, around 8858 EVs are being registered per month. Surat has the most electric vehicles (EVs), with 31,561.

The usage of electric vehicles is encouraged due to rising concerns about global warming and climate change. They are more effective since they lessen reliance on conventional fuels and have a significant impact on lowering carbon footprint.

The Gujarat government is promoting the same by offering a variety of incentives under its EV policy.

A maximum subsidy of 20,000 is offered to two-wheelers, 50,000 to three-wheelers, and 1,50,000 to four-wheeler electric vehicles under its policy. The state government has so far offered a subsidy of 133.83 crore.

It should be noted that this policy will be in effect for four years. Subsidies will be granted for a total of two lakh electric automobiles under this program.

 

If you have an interesting Article / Report/case study to share, please get in touch with us at editors@roymediative.com  roy@roymediative.com, 9811346846/9625243429.

- Advertisement -spot_img
- Advertisement -spot_img