Want to buy a new vehicle? Here is an attractive offer from the State government. Buy an Electric two-wheeler or four-wheeler and get 100 per cent exemption of road tax and registration fee. The State Cabinet on Wednesday approved the Electronic Vehicle (EV) policy, which aims to make the State a preferred destination for EVs and energy-storage sectors.
As part of the policy, the first two lakh electric two-wheelers and first 5,000 units of four-wheelers will get 100 per cent exemption of road tax and registration fee. Electric three seater auto-rickshaws will also get 100 per cent exemptions of road tax and registration fee for the first 20,000 vehicles.
Retro fitment incentive at 15 per cent of the cost capped at Rs 15,000 per vehicle for first 5,000 units will also be provided for the rickshaws. Electric light goods carriers (including three-wheelers) will get the same exemptions for the first 10,000 units, as will the first 5,000 private electric cars and first 500 electric buses.