EV Subsidies in India: How Much Money You Save

ELectric Vehicles By Abhishek Gautam July 28, 2023

Purchase Incentives

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Electric Scooter Subsidy

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Electric Car Subsidy

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Electric three Wheeler Subsidy

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Road Tax Exemption

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Income Tax Benefit

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Registration Fee Exemption

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Lower Loan Interest

[{"selector":"#anim-51f4ff7f-e452-4cdb-87ae-983eca31a2ad","keyframes":{"transform":["translate3d(-206.12249%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f9323640-8b1d-4658-a997-e7d9e8a1feb1","keyframes":{"opacity":[0,1]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f897138f-1211-480a-9a65-f954d062bb83","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-9c9426c4-7367-4126-bdb9-af24ec5b733e","keyframes":{"transform":["translate3d(-120.07722%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a0fa83f6-e6d6-4517-bedf-0c618b814d00","keyframes":{"opacity":[0,1]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b7a1611b-8fbc-4d3a-b30b-8533e5a8e7b9","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-b3356fdb-cf06-42db-972c-507bd5e1ae6c","keyframes":{"transform":["translate3d(113.92405%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-103050ac-70fd-4a5c-9eb4-69276cf3c36a","keyframes":{"opacity":[0,1]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c3b35a29-5ffd-4cde-8b98-f7ebd41ba230","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-efe90aee-f9f6-40e8-b19a-647e61d9b085 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(0%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] EV buyers are offered lower interest rates while availing loans for electric vehicles in India. This is provided by the loan provider organization itlself. EV buyers are offered lower interest rates while availing loans for electric vehicles in India. This is provided by the loan provider organization itlself. 8

ICE Scrapping Incentives

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Statewise incentives and subsidies on electric vehicles in India.

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