The Madhya Pradesh Electric Vehicle (EV) Policy 2019, which
the Government of Madhya Pradesh (the "GoMP") will announce and which
will be effective for five years from the date of notification, acknowledges
the need for a new strategy to jump-start the adoption of electric vehicles. The adoption of EVs is necessary in Madhya Pradesh.
Incentives for Two-Wheeler
Electric two-wheelers will be eligible for the following
incentives:
Regulatory Incentive:
·
A
1% (one percent) motor vehicle tax will be applied to the first 15,000 electric
two-wheelers or the total number of electric two-wheelers in five years,
whichever is less.
·
For
22,500 electric two-wheelers or all-electric two-wheelers in five years,
whichever is less, vehicle registration fees will be waived.
Parking Cost:
For the first five years, all-electric two-wheelers will
receive a 100% parking fee waiver at any parking facility run by an Urban Local
Body.
Incentives for E-Rickshaws
Regulatory Incentive:
·
A
1% (One Percent) motor vehicle tax will be applied to the first 5000 shared
e-rickshaws or the total number of shared e-rickshaws in 5 years, whichever is
less.
·
For
7500 Shared E-Rickshaws or the total number of Shared E-Rickshaws in 5 years,
whichever is less, vehicle registration fees will be waived.
Parking Cost:
All Shared E-Rickshaws (SR) will be provided a 100% waiver on
parking charges at any Urban Local Body-run parking facility for an initial
period of 5 years.
Incentives for Electric Auto Rickshaw
Regulatory Incentive:
·
UDHD
will propose that the transport department gradually stop registering new ICE
vehicles altogether.
·
The
first 5000 Electric Auto-Rickshaws or total Electric Auto-Rickshaws in 5 years,
whichever is less, will be charged 1% (One Percent) motor vehicle tax.
·
Vehicle
registration fees will be exempted for 7500 Electric Auto-Rickshaws or total
Electric Auto-Rickshaws in 5 years, whichever is less.
·
The
transport department will exempt the first 5000 Electric Auto-Rickshaws or all
Electric Auto-Rickshaws in 5 years, whichever is less if a permit is necessary
for the operation of Electric Auto-Rickshaws.
Parking Cost:
All Electric Auto Rickshaws will be provided a 100% rebate on
parking costs at any ULB-run parking facility for an initial period of 5 years.
Incentives for Electric Goods Carriers (3-Wheeler)
Regulatory Incentive:
·
The
first 2000 Electric Three-Wheeler Goods Carrier or total electric three-wheeler
goods Carrier in 5 years, whichever is less, will be charged 1% (One Percent)
motor vehicle tax.
·
Vehicle
registration fees will be exempted for 3000 Electric three-wheeler goods Carriers
or a total of Electric three-wheeler goods Carriers in 5 years, whichever is less.
Parking Cost:
For the first five years, all-electric three-wheeler goods
carriers will receive a 100% waiver on parking fees at any ULB-run parking
facility.
Incentives on Electric Car
Regulatory Incentive:
·
The
first 6000 electric cars or total electric cars in 5 years, whichever is less,
will be charged 1% (One Percent) motor vehicle tax.
·
Vehicle
registration fees will be exempted for 9000 electric cars or total electric
cars in 5 years, whichever is less.
Parking Cost:
For the first five years, any parking facility operated by
ULB will waive all parking fees in full for all-electric vehicles.
Incentives for Electric Bus
·
The
first 1500 electric buses or total electric buses in 5 years, whichever is
less, will be charged 1% (One Percent) motor vehicle tax.
·
Vehicle
registration fees will be exempted for 2250 electric buses or total electric
buses in 5 years, whichever is less.
·
If a permit requires for the operations of Electric Buses, then the first 1500 Electric
Buses or total Electric Buses in 5 years, whichever is less, will be exempted
by the transport department.
Financial Incentives for public EV
Charging Stations Developed on Government and Private land
Over and above FAME incentives, the following incentives are
listed.
CHARGING STATION |
TYPE VEHICLE CATEGORY |
Small Charging Stations |
Capital Subsidy of 25% of the value of
the charging equipment/machinery for the first 300 charging stations up to a
Maximum subsidy of INR 1,50,000 |
Medium
Charging Stations |
Capital Subsidy of 25% of
the value of the charging equipment/machinery for the first 100 stations up
to a Maximum subsidy of INR 2,00,000. |
Large Charging Stations |
Capital Subsidy of 25% of the value of
the charging equipment/machinery for the first 100 stations up to a Maximum
subsidy of INR 10,00,000. |
Policy Document
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