Bhubaneswar: With an aim to encourage faster adoption of E-vehicles in the State, the Odisha Government has exempted the registration fees and motor vehicle taxes for all categories of electric vehicles.
The Commerce and Transport Department has exempted the registration fees and Motor Vehicle Taxes for all categories of electric vehicles.
The two-wheelers, three-wheelers and four-wheelers will get 15 per cent (pc) subsidy with maximum amount of Rs 5,000, and Rs 10,000 and Rs 50,000 respectively.
The subsidy is applicable with effect from September 1, 2021.
The amount will be credited to the bank accounts of the beneficiaries by the concerned RTO where the vehicle is registered or will be registered, the Transport Department said.
The Transport Commissioner with the help of NIC / OCAC will develop a dedicated Portal to monitor all information relating to EV sales , crediting of purchase incentives , subsidy on loans for purchase of EV etc.
Earlier in September last year, the State Government had published the Odisha Electric Vehicle Policy, 2021 in order to encourage faster adoption of EVs in the State.
Under the policy guideline, the Government proposes to extend a lot of incentives for the purchasers, manufacturers of EVS, batteries and charging stations which are to be extended by different stake holder departments.
As the first step , the Government has exempted the registration fees and motor vehicle taxes for all categories of electric vehicles.