TL;DR
Odisha has extended its Electric Vehicle Policy, 2021, until December 31, 2026, to promote green mobility and offer continued subsidies for various EV categories.
The Odisha state government has announced an extension of its Electric Vehicle Policy, 2021, until December 31, 2026. This decision aims to further promote green mobility and accelerate the transition towards sustainable transportation across the state. The notification, issued by the Commerce and Transport Department, reaffirms the government's commitment to fostering a robust EV ecosystem.
Under the extended policy, various incentives remain in place to encourage EV adoption. These include subsidies for different categories of electric vehicles, such as two-wheelers, three-wheelers, four-wheelers, passenger buses, and goods carriers. For instance, passenger buses can receive a subsidy of 10% of the vehicle cost, ranging from ₹4 lakh to ₹20 lakh, depending on specifications.
The policy's continuation is expected to provide further impetus to both consumers and manufacturers, making electric vehicles more accessible and appealing. The state government hopes that by extending these benefits, it can significantly contribute to reducing carbon emissions and enhancing air quality in urban and rural areas.
