Chhattisgarh government approves EV policy

The Chhattisgarh government has approved its electric vehicle (EV) Policy 2022 which aims to make the state an EV-manufacturing hub, create employment, and reduce environment degradation.

The government has set a target of five years and aims to have 15 per cent of the new registrations of vehicles, either under individual use or commercial use, as EVs till 2027. The state government will grant one-fourth of the cost of plant and machinery towards the development of EV production facilities. Around 500 to 1,000 acres of land will be set aside to build an EV park to attract manufacturers. Charging stations will be deployed in both public and private facilities. Incentives such as road tax exemptions, registration fee waivers, and capital subsidies have also been offered. State goods and services tax (SGST) reimbursement has been provided for EV makers in the state during the policy term till 2027. The government would additionally compensate energy operators for the purchase of batteries to be used in swapping stations.

GET ACCESS TO OUR ARTICLES

Enter your email address