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Uttar Pradesh government announces new electric vehicle policy, offers incentives to buyers and manufacturers – IEEFA

Economic Times
 

Economic Times:

The Uttar Pradesh government has announced the New Electric Vehicle Manufacturing and Mobility Policy, 2022, to promote faster adoption of clean mobility solutions and create a conducive ecosystem for EVs in the state, an official release said on Thursday.

The policy provides for a three-pronged incentive regime that includes benefits to consumers for purchasing EVs; to manufacturers of EVs, batteries and related components; and to service providers for developing charging/swapping facilities, the release said. 

The main objective of the policy is not only to create an eco-friendly transportation system in the state, but also to make Uttar Pradesh a global hub for the manufacturing of electric vehicles, batteries and associated equipment, the release said. 

The policy aims at attracting investment of more than Rs 30,000 crore and generate direct and indirect employment for over one million people, it said.

[Staff Report]

More: UP announces new EV policy, offers incentives to buyers, manufacturers

Economic Times:
The Uttar Pradesh government has announced the New Electric Vehicle Manufacturing and Mobility Policy, 2022, to promote faster adoption of clean mobility solutions and create a conducive ecosystem for EVs in the state, an official release said on Thursday.
The policy provides for a three-pronged incentive regime that includes benefits to consumers for purchasing EVs; to manufacturers of EVs, batteries and related components; and to service providers for developing charging/swapping facilities, the release said. 
The main objective of the policy is not only to create an eco-friendly transportation system in the state, but also to make Uttar Pradesh a global hub for the manufacturing of electric vehicles, batteries and associated equipment, the release said. 
The policy aims at attracting investment of more than Rs 30,000 crore and generate direct and indirect employment for over one million people, it said.
[Staff Report]
More: UP announces new EV policy, offers incentives to buyers, manufacturers

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