Maharshtra EV Policy 2021 | Four Important Focus Areas Explained

The state of Maharashtra has lofty ambitions of electrifying vehicles in the state, and to that end, has introduced the Maharashtra EV policy 2021; a revision of the policy introduced back in 2018. With an aim to make Maharashtra the “topmost producer of battery-powered electric vehicles in India” (basis annual production capacity) and aiming for electric vehicles (EVs) to make up 10 percent of all new vehicle registrations – around three lakh vehicles a year – in the state by 2025, the state government has rolled out a Rs 930 crore policy that’s valid till 31 March, 2025, and has announced EVs will be exempt from road tax and registration charges.