Odisha EV Policy 2025 PDF

PDF Name	Odisha EV Policy 2025
No. of Pages	12
PDF Size	2.95 MB
Language	English
PDF Category	Government
Source / Credits	instapdf.in
Uploaded By	Kumar

Odisha EV Policy 2025 - Summary

Odisha government has launched its Electric Vehicle Policy 2025, a bold five-year roadmap aimed at transforming the state into a hub for sustainable transportation. With a target of 25% EV adoption in new vehicle registrations by 2030, the policy offers generous incentives to consumers, manufacturers, and infrastructure developers.

Key highlights of Odisha EV Policy 2025

Consumer Benefits: Buyers of electric two-wheelers, three-wheelers, and four-wheelers can avail subsidies ranging from ₹5,000 to ₹1 lakh, along with full exemptions on road tax and registration fees.
Manufacturing Push: MSMEs in the EV sector are eligible for capital investment subsidies up to ₹20 lakh, while larger units receive tax reimbursements and electricity duty waivers.
Charging Infrastructure: The state plans to install 500 public EV charging stations by 2027, offering a 25% capital subsidy for the first 200 stations.

The policy also aligns with national schemes like FAME II and emphasizes grid readiness and renewable energy integration. Odisha’s hybrid approach, balancing demand-side incentives with supply-side support, positions it as a rising leader in India’s EV transition.