The demand for electric vehicles is continuously increasing in India. Along with vehicle manufacturers, the government is also making consistent efforts to promote the sale of electric vehicles. In this context, the Uttar Pradesh government has extended its electric vehicle policy until 2027. The government has issued a notification regarding this.
If you are planning to buy an electric vehicle in Uttar Pradesh, now is the right time. Under the new EV policy of the UP government, a subsidy of up to ₹1 lakh is being offered on the purchase of an electric car and up to ₹5,000 on the purchase of two-wheelers.
Take advantage until 2027
The Uttar Pradesh government has extended the Electric Vehicle Policy until 2027. It is worth mentioning that the government started this scheme in October 2022. Under this plan, the government's target is to provide subsidies for 200,000 vehicles.
Additionally, the government is offering a subsidy of ₹12,000 on electric three-wheelers and up to ₹20 lakhs on private electric buses. Earlier, the UP government also announced exemptions in road tax and registration fees for hybrid cars.
A budget of ₹350 crore for subsidies
According to the report, a total budget of ₹350 crore has been allocated for subsidies on electric vehicles in Uttar Pradesh under the new EV policy.
Out of this, ₹100 crore will be spent on subsidies for electric two-wheelers, and ₹250 crore will be spent on subsidies for electric four-wheelers. The government claims that by 2030, all state government vehicles in Uttar Pradesh will run entirely on electric mode.
Best options for budget-friendly electric cars
If you want to buy a car under the Uttar Pradesh government's Electric Vehicle Policy with a subsidy and are confused about which car to choose, here are some budget-friendly electric cars for you.
Tata Punch EV
This is a popular electric car in the domestic market. Its price in India starts at ₹10.99 lakhs (ex-showroom). If you are buying this car in UP, you can bring it home for just ₹10 lakhs under the subsidy scheme.
Tata Punch EV Powertrain
The Tata Punch electric car is offered with two battery pack options. It includes 25 kWh and 35 kWh battery packs. For mid-range, it comes with a 25 kWh battery, which provides a range of 315 kilometers on a single charge.
Long Range Version
The long-range version comes with a 35 kWh battery, offering a range of 421 kilometers on a single charge. It features a large 10.25-inch touchscreen infotainment system, Apple CarPlay and Android Auto connectivity, ventilated front seats, and a wireless smartphone charger.
Tata Tiago.ev
This car is available at a starting price of ₹7.99 lakhs, but in UP, you can buy it for just ₹6.99 lakhs. This car provides a range of up to 315 kilometers on a full charge. It comes with several special features.
MG Comet EV
The MG Comet is the smallest EV in the country. Its starting price in the market is ₹6.99 lakhs, and it offers a range of up to 230 kilometers on a single charge. It has many special features, making it a perfect car for city driving.
Source: https://hindi.drivespark.com/four-wheelers/2024/up-government-ev-policy-extended-for-3-years-electric-vehicle-buyers-will-get-1-lakh-subsidy-news-027897.html
By CarVaidya
