Maharashtra Cabinet Approves New Electric Vehicle Policy

According to the news reports, the Maharashtra state cabinet has approved the Electric Vehicle Policy 2025, aimed at increasing the adoption of electric vehicles across categories and improving related infrastructure. The policy will remain in effect until 2030 and has a total allocation of ₹1,993 crore.

Revised Coverage and Benefits

The revised policy extends benefits beyond two and three-wheelers to include private four-wheelers, buses, goods carriers, and electric tractors. Passenger EVs will receive a 10% subsidy on the total vehicle cost, while electric goods-carrying vehicles and tractors will get 15% subsidy.

All EVs registered under this policy will be exempt from registration fees. In addition, full toll waivers have been approved for EVs using the Mumbai-Pune Expressway, Atal Setu, and Samruddhi Mahamarg, while 50% toll concessions will apply on state and other national highways.

Charging Infrastructure 

Charging stations will be installed at 25 km intervals along national highways. The policy proposes making it mandatory for new housing societies to include EV charging stations, without which occupancy certificates may not be granted. For older societies, installation support will be facilitated through elected local representatives.

Budget Provisions by Local Bodies

Municipal corporations across the state will be required to allocate 1% of their annual budgets to EV infrastructure development. This includes provisions for public charging facilities and other ecosystem support.

Read more: Maharashtra Govt Greenlights Bike Taxi Policy with 100% Electric Vehicle Mandate.

Additional Support and Loan Facilities

To ease the cost burden on consumers, the policy includes access to 100% loan facilities on EV purchases. It also mentions that the government may consider additional incentives if required in the future, subject to review.

The approval of this policy comes amid larger infrastructure plans in Maharashtra, with $100 billion in investment expected to be tied up over the coming months. This investment will make Maharashtra a key manufacturing and logistics hub in the country.

Conclusion

The new policy outlines direct subsidies, toll and fee exemptions, infrastructure requirements, and civic funding commitments. It is applicable to both personal and commercial EVs and will be in force until 2030.

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