EVs likely to get cheaper in Gujarat, Maharashtra and UP: Report

Gujarat, Maharashtra and Uttar Pradesh may cheaper Electric vehicles (EV), as these states reportedly considering to float purchase incentives in line with the Centre’s flagship EV policy that gives direct subsidies to buyers.

ET citing people aware with matter notes that the three state governments have reached out to experts and manufacturers to seek views on how to implement such a policy.

The proposed benefits would be on top of the subsidies given by the Centre.

The publication notes that other states like West Bengal, Madhya Pradesh and Odisha governments are also considering similar policies; however, there haven’t been any firm discussions so far.

A person aware of the development on condition of anonymity said that “because there is so much in the media about EVs and the Delhi policy, some of the states are relooking into whatever they had done to see where they went wrong and what more they can do.”

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