Rajasthan Electric Vehicle Policy 2021

The prices of electric two-wheelers will be significantly impacted by Rajasthan's EV Policy 2021. Between April 1, 2021, and March 31, 2022, all-electric motorcycles and scooters that are sold and registered in the state are eligible for SGST reimbursement.

Unlike other states, Rajasthan would give EV owners a flat payment based on the battery capacity of their car. The vehicles eligible for this award must have been purchased between April 1, 2021, and March 31, 2022, and they must have been registered by March 20, 2022. Do not forget that the electric vehicle must be purchased in Rajasthan in order to be eligible for any of the benefits offered by the state's EV policy.

Rajasthan EV One-Time Incentives on EV

Electric motorcycles and scooters with batteries up to 2 kWh will be eligible for a Rs 5,000 subsidy. Models with a battery capacity between 2 and 4 kWh are eligible for a Rs 7,000 incentive; those with a battery capacity between 4 and 5 kWh are eligible for a Rs 9,000 incentive; and electric two-wheelers with a battery capacity over 5 kWh are eligible for a Rs 10,000 incentive.

Incentives on Electric Two-Wheeler

Subsidies on Electric Rickshaw, E-Autos, E-Good Carriers

As per a notification (dated July 16, 2021) by the state transport department, the following benefits have been announced for the promotion of e-mobility in Rajasthan:

·         Any electric vehicles (EVs) bought between April 2021 and the end of March 2022 (and registered by the end of March 2022) are eligible for the SGST refund.

·         For electric 2Ws and 3Ws (in accordance with the battery capacity) purchased between the aforementioned period, an additional purchase incentive (over FAME 2) was offered.

·         The state subsidy for electric 2Ws is based on battery capacity: up to 2 kWh costs INR 5,000, up to 4 kWh costs INR 7,000, up to 5 kWh costs INR 9,000, and more than 5 kWh costs INR 10,000.

·         The state subsidy for electric 3Ws is based on battery capacity: up to 3 kWh costs INR 10,000, up to 4 kWh costs INR 15,000, up to 5 kWh costs INR 17,000, and more than 5 kWh costs INR 20,000.

Rajasthan Revised EV Policies: Highlights

·         A state goods and services tax (SGST) refund is available for all Electric Vehicles purchased before March 2022.

·         Issued in July and it's valid till March 31, 2022

·         Additional incentives for purchasing electric two- and three-wheelers.

Policy Document