MAHARASHTRA EV POLICY
Where are India’s electric tractors?
Studies show that e-tractors meet farming needs. Supportive policies and industry efforts can boost e-tractor use. Increased sales and boost
UP has maximum number of registered EVs
Uttar Pradesh is becoming a hub for electric vehicles. The state government is promoting EV manufacturing and use. It aims to attract significant investment and create jobs. E-rickshaws are very popular there. The government is also installing many new EV charging stations. Ayodhya will get the most charging points. India's EV numbers are expected to rise significantly by 2030.
Maharashtra rolls out new EV policy; targets 30 pc adoption by 2030
Maharashtra's new EV policy, effective from April 2025 to March 2030, aims for 30% EV penetration by 2030. The policy offers incentives for EV purchases, toll waivers, and mandates EV charging infrastructure in new buildings. It also supports R&D in battery technology and establishes EV testing stations, promoting Maharashtra as a leading EV hub.
Stable and sustainable for long-term investors: 10 stocks from the energy ecosystem with upside potential of more than 20%
In sectors undergoing structural changes, there comes a point where companies in the sector will either produce results, or they will disappoint. Now, as they get closer to that point, the street begins to discount possible future earnings. In the case of the energy sector, the transformation has been slower. But it is stable and stronger in the sense that once it happens, it stays for years. Investors looking for long-term opportunities may as well have these stocks from the energy ecosystem on their watchlist.
Shiprocket on way to D-Street; Google unleashes AI
Shiprocket has taken a significant first step towards its public market listing. This and more in today's ETtech Top 5.
Maharashtra notifies cab policy; 10% penalty for driver cancellations: Report
The policy also standardised fare structures. Base fares will be pegged to those notified by the Regional Transport Authority. Discounts during off-peak hours are capped at 25%, while surge pricing during high demand cannot exceed 1.5 times the base fare. The minimum trip distance has been fixed at 3 kilometres, and drivers are entitled to at least 80% of the fare.
- Go To Page 1
Enjoy zero cost mobility with EVs and rooftop solar charging
Increasing emphasis on rooftop solar energy generation makes EVs fully green from well to wheel as they can be conveniently charged from the energy produced without any use of fossil fuel while delivering the added benefit of near zero running costs. This further lowers the total cost of ownership of EVs.
Maharashtra policy on EVs will position state as national leader in sustainable mobility: Tata Motors
Maharashtra's new Electric Vehicle Policy 2025 aims to establish the state as a leader in sustainable mobility by offering subsidies on EV purchases and waiving tolls on key highways. The policy, with a budget of Rs 1,993 crore, focuses on expanding charging infrastructure and incentivizing EV adoption across various vehicle categories.
Subsidy, toll waiver: Maharashtra govt seeks to boost electric mobility under new EV Policy
Maharashtra's cabinet has approved the Electric Vehicle Policy 2025, allocating ₹1,993 crore to boost EV adoption and reduce air pollution. The policy offers subsidies on EV purchases, waives registration fees, and provides toll waivers for EVs on key expressways. Charging infrastructure will be strengthened, with facilities planned every 25 km on national highways, promoting clean mobility until 2030.
Back to the future: How an electric safari is changing the wild ride
Sahil Baig's electric Gypsy in Tadoba highlights retrofitting's potential in India's electrification. Globally, the retrofitting market is booming, driven by falling battery costs. Indian startups face certification hurdles, but government support and specific use cases offer promise. Electric retrofitting emerges as a cleaner, smarter solution for pollution, from wildlife reserves to city streets.
In volatile times look for necessity and annuity: 6 utility stocks with an upside potential of up to 23%
If you are still buying stocks at this point of time, besides the decision to buy, you need to be clear about two more things. First, do it with the clarity that the money being invested is for the next three to five years. Don’t think about it before that. Second, be tactical in your investing. That is, buy a stock for a clearly-defined time period and reason. As the situation in the equity markets across the globe is still evolving, some money could be employed in tactical investing. So, which are the set of stocks which fit the bill for tactical investing?
Maximum disruption or tactical opportunity? 14 stocks from the energy ecosystem with upside potential of more than 29%
Logically, fears of a recession in the world should drive crude oil prices down. Yet, for the next couple of weeks, if not for a month or so, be prepared for news about volatility in global crude oil prices. Reason: The production cuts announced by some OPEC member-countries. What does this mean for Indian companies from the energy ecosystem? It is a negative for companies where sales prices are determined by the global crude price. But for several others, it could be positive news. Also, don’t forget the larger transformation happening in the energy space.
Karnataka HC bans Ola, Uber, Rapido bike taxi services till rules framed
Justice BM Shyam Prasad ruled that bike taxis cannot operate until the state government frames rules under Section 93 of the Motor Vehicles Act, 1988. He was disposing of petitions from aggregators Rapido, Uber India and Ola seeking directions to the government to issue them aggregator licenses and register their bike taxis as transport services.
Model Why: Is Tesla ready for India? And is India ready for Tesla?
Tesla opened bookings in India for its Model 3 in 2016, but the car is still not available. Despite India's significant growth in the EV market, Tesla faces challenges like pricing, local adaptation, and increased competition. Setting up manufacturing could offer benefits, but a full commitment is necessary.
Is Tesla-killer BYD chasing Elon Musk to India?
Tesla's entry into the Indian EV market faces significant challenges with established local players and global competitors like BYD considering manufacturing in India. BYD's potential move to set up a factory in Telangana could further shrink Tesla's prospects in a price-sensitive market.
Maharashtra drops 6% tax plan on EVs priced above ₹30 lakh
The Maharashtra government has decided to cancel its plan to impose a 6% tax on electric vehicles priced above ₹30 lakh. Chief Minister Devendra Fadnavis announced that this decision came after determining that taxing luxury EVs would not generate significant revenue and could disincentivize non-polluting vehicle manufacturers.
M&M, Ashok Leyland, and other EV stocks drop as Maharashtra hikes motor tax
The Maharashtra government has proposed a 6% Motor Vehicle Tax on EVs priced above Rs 30 lakh. The maximum tax limit will also increase from Rs 20 lakh to Rs 30 lakh, potentially generating an additional Rs 170 crore in revenue.
Owning luxury EVs to get dearer in Maharashtra
Maharashtra's decision to impose a 6% motor vehicle tax on EVs priced above Rs 30 lakh and increase the tax on CNG and LPG vehicles may affect sales in the luxury segment. This move aims to boost state revenue but raises concerns among automakers about its impact on the adoption of clean technologies.
Delhi, Maha, Haryana, UP have most comprehensive EV policies: Report
Maharashtra, Haryana, and Uttar Pradesh have the most comprehensive electric vehicle policies with the widest range of parameters, including budget allocations, charging infrastructure and job creation, according to a new study. Arunachal Pradesh, Manipur, Himachal Pradesh, Ladakh, Kerala, and Uttarakhand offer between three to seven of the 21 defined parameters in their policies, making them the least comprehensive, it said.
None of the Indian states are on track to meet their EV targets: Study
The study by Climate Trends, ‘Analysis Of State Electric Vehicle Policies And Their Impact’, said that few states have holistic EV policies but , none of them are on track to meet their targets of EV penetration.
Maharashtra government urges hospitality industry to support state EV policy
"The state's comprehensive EV Policy has been developed to fortify Maharashtra's position as the leading destination for EV manufacturing and utilisation. With standard operating procedures (SOPs), infrastructure mandates, and incentivization, we look forward to the widespread acceptance of EV's in the state," state Tourism and Environment Minister Aaditya Uddhav Thackeray said after a meeting with Chalet Hotels.
'Maharashtra plans consultations with stakeholders on seamless implementation of EV policy'
The Maharashtra government had in early July announced its new electric vehicle (EV) policy with an aim to have a 10 per cent share of the electric vehicles in total registrations by 2025. The state government also wants to achieve a 25 per cent EV share in public transport in Mumbai, Pune, Nagpur, Aurangabad and Nashik.
Maharashtra EV policy to boost manufacturing, adoption of vehicles: Okinawa
As per the Policy, the state government targets to achieve 10 per cent penetration of EVs as new vehicle registrations by 2025 as well as 25 per cent EV adoption in public transport and last-mile delivery vehicles in six key cities -- Mumbai, Pune, Nagpur, Aurangabad and Nashik, by 2025.
Maharashtra EV policy to accelerate adoption of electric vehicles, say sectoral firms
The Maharashtra government on Tuesday unveiled its new EV policy, with an aim, among others, to make electric vehicles achieve a 10 per cent share of total registrations by 2025. "The increased subsidy being offered under the new scheme will make EV motorcycles more affordable and accessible to consumers," Revolt Motors said on Wednesday.
Maharashtra EV Policy to accelerate electric vehicle adoption
As per the Policy, the state government targets to achieve 10 per cent penetration of EVs as new vehicle registrations by 2025, as well as 25 per cent EV adoption in public transport and last-mile delivery vehicles in six key cities -- Mumbai, Pune, Nagpur, Aurangabad and Nashik, by 2025.
EV manufacturers welcome new Maharashtra policy
"The Maharashtra government policy grants us the privilege to reach out to our potential customer base in the state. With the amendment of FAME 2 by the central government and now the individual state policies like this one have only encouraged the adoption of electric vehicles in India," said Sohinder Gill, CEO Hero Electric & Director General, Society of Manufacturers of Electric Vehicles (SMEV).
Maharashtra unveils new EV policy, sets 10 pc share in total registrations by 2025
"The policy has some ambitious targets. Electric vehicles must comprise at least 10 per cent of total vehicles registered by 2025. We also want to achieve 25 per cent EV share in public transport in Mumbai, Pune, Nagpur, Aurangabad and Nashik. It includes converting 15 per cent of the MSRTC fleet into EVs by 2025. We also intend to make Maharashtra the top producer of battery driven EVs in India in terms of annual production capability," Singh said.
Electric vehicles to get cheaper in Maharashtra as state announces new EV policy
The Maharashtra EV Policy 2021 will provide incentives of Rs 5,000 per kilowatt-hour of battery capacity to buyers of all types of electric vehicles. The subsidy will be directly transferred to the beneficiaries within 30 days. For those who buy EVs by 31 December this year, there will be an additional ‘early bird discount’ of Rs 5,000 per kilowatt-hour.
States seek inputs for revising clean vehicle policies; EVs may get cheaper
Maharashtra and Uttar Pradesh had announced their state EV policies in 2018 but the proposed plans never took off. Gujarat released a draft EV policy in September 2019, but the final policy is still awaited.
Load More
