Odisha cabinet approves Electric Vehicle Policy 2021

Prameyanews English

Published By : Prameya News Bureau | August 27, 2021 IST

Bhubaneswar, Aug 27: The Odisha Cabinet on Friday approved the Electric Vehicle Policy 2021 and Sand Policy 2021. The E-vehicles policy aims to achieve adoption of 20% battery-operated electric vehicles in Odisha by 2025. Odisha Chief Secretary Suresh Mohapatra said that the State aims to achieve a target of 20 per cent registration of battery-operated electric vehicles out of the total vehicle registration by the year 2025. The policy would also promote manufacture of electric vehicles and its components including batteries in the State, promote innovation and facilitate Research & development in the areas relating to Electric Vehicles & Battery. Under the proposed policy guidelines, it has been decided to extend financial incentives such as incentives available for manufacturing industries, purchase incentives, scrapping incentives, interest subvention in loans, waiving of Road tax & registration fees during the policy period.

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