Government plans subsidy linked scheme to promote EVs

The central government is planning to launch a scheme offering subsidy to states for the deployment of 5,000 electric vehicle (EV) charging stations in cities and on highways. As per the proposal, setting up stations in cities will be open to all companies, while only central utilities will be eligible to deploy such infrastructure on highways. The states, through their nodal agencies, which are mostly distribution companies, will have to submit their proposals to the central government for securing the subsidy for setting up charging stations in cities. For the deployment of charging stations on highways, 100 per cent subsidy will be given on the cost of the charger and transformer.

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