Odisha cabinet OK’s plan to get 20% e-vehicles registered by ’25

The state cabinet led by chief minister Naveen Patnaik on Friday approved of the Odisha Electric Vehicle (EV) Policy, 2021 to achieve the registration of at least 20% battery-operated electric vehicles by 2025.

BHUBANESWAR: The state cabinet led by chief minister Naveen Patnaik on Friday approved of the Odisha Electric Vehicle (EV) Policy, 2021 to achieve the registration of at least 20% battery-operated electric vehicles by 2025.
The policy also aims to promote the manufacturing of electric vehicles and their components, including batteries, besides boosting innovation and facilitating research and development in the areas relating to EVs.
Chief secretary Suresh Chandra Mohapatra said under the EV policy guidelines, financial incentives such as the ones available for manufacturing industries, for purchase, scrapping, interest-subvention in loans, waiving of road tax and registration fees will be extended during the policy period.
Mohapatra said it is necessary to reduce the emissions caused by different categories of vehicles plying on the roads using fossil fuels in a bid to reduce the rapidly rising global temperature, which has been a point of concern for everyone for the last few decades. “It is time we bring down such emissions by reducing the dependency on traditional fuels and accelerating the pace of adoption of electric vehicles,” he added.
According to the provisions of the policy, the state government will offer a purchase incentive of around 15% on different categories of EVs, which will be up to Rs 5,000 for two-wheelers, Rs 12,000 for three-wheelers and up to Rs 1 lakh for four-wheelers.
The state government will also provide 100% interest-free loan to its employees for purchase of EVs. Similarly, the government departments, offices, public sector undertakings will now give preference to hire-and-purchase EVs for official use.

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