Rajasthan Government is taking a major step toward sustainability by announcing a ₹200 crore subsidy initiative to accelerate the adoption of electric vehicles (EVs). This move aligns with the state’s commitment to reducing vehicle emissions and fostering a cleaner, greener environment. The subsidy program is expected to play a crucial role in lowering carbon footprints, improving air quality, and promoting eco-friendly transportation options across the region.
The subsidy program is designed to incentivize the purchase of various types of EVs, including two-wheelers, e-rickshaws, e-carts, electric four-wheelers, and buses. It offers financial benefits that range from ₹4,000 to ₹50,000 depending on the type of vehicle. The program also targets retrofitted electric vehicles, providing subsidies for up to 7,000 units to further encourage eco-friendly transitions in existing fleets.
To make EVs more accessible, the subsidy plan covers a broad spectrum of electric vehicles. For instance, two-wheeler buyers can avail subsidies between ₹4,000 to ₹10,000, while purchasers of e-rickshaws and e-carts can get anywhere from ₹4,000 to ₹20,000. Electric buses also qualify for higher subsidies, with amounts ranging from ₹1 lakh to ₹5 lakh, offering significant financial relief to businesses looking to transition to electric fleets.
A key feature of the initiative is the inclusion of a State Goods and Services Tax (SGST) rebate, which further lowers the cost for customers opting for advanced battery technology in their EVs. This comprehensive financial support package aims to reduce the overall cost burden for consumers, thereby driving greater adoption of electric mobility solutions in the state.
Rajasthan’s ₹200 crore subsidy program marks a crucial milestone in the state’s journey toward sustainable transportation. By encouraging the use of electric vehicles, the initiative is set to not only reduce pollution but also boost the local EV manufacturing sector, contributing to the overall growth of renewable energy in the state.
