A greener future awaits the state soon, as Madhya Pradesh Electric Vehicle EV Policy 2025 takes off. This new policy by the Urban Development and Housing Department is set to be implemented from February 1, 2025. This policy is envisioned to change the face of electric mobility through incentives, infrastructure, and strategic planning for urban spaces.
Key Features of MP EV Policy 2025
Attractive Financial Incentives for Buyers of Electric Vehicles
- To make electric vehicles more affordable and accessible. The policy introduces direct purchase subsidies, reducing the initial cost barrier for consumers. Additionally, buyers will benefit from a one-year exemption from parking fees across Madhya Pradesh. For balance, the government will tax the high-end petrol and diesel vehicle above ₹25 lakh so that people refrain from buying fossil fuel-based vehicles.
Urban Planning: To be Friendly towards EV and Model EV Cities
- Five significant cities, Bhopal, Indore, Gwalior, Jabalpur, and Ujjain, have been selected as Model EV Cities. The innovative infrastructure and adoption models that work in these cities will then be scaled up across the state. The government will establish the MP Electric Vehicle Promotion Board, ensuring smooth implementation and policy effectiveness.
Expansion of Charging Infrastructure: A Game-Changer
There has been emphasis under the MP EV Policy 2025 for accelerated infrastructure growth. Charging accessibility stands out as an important concern concerning the acceptance of EVs. The government considers issuing green bonds to provide fund support to install new charging networks across the state. According to the policy, every petrol pump shall be mandatory to have one EV charging point. Availability in electric vehicles could be made easier for the end consumer. It will be a strategic move to enhance consumer confidence in the adoption of EVs.
Ambitious EV Adoption Targets
Madhya Pradesh has set aggressive EV adoption goals for 2030:
- 40% of new two-wheeler registrations (100% for commercial fleets)
- 70% of new three-wheeler registrations
- 15% of new four-wheeler registrations
- 40% of new bus registrations
Additionally, the state plans for a complete transition to electric public transport buses and government vehicles by 2028. By 2030, all commercial and logistics fleets are expected to be fully electric.
Economic Growth and Job Creation
- With a successful implementation of MP EV Policy 2025, the sector will attract enormous investments in electric vehicles. By January 2025, the state had registered 1.94 lakh EVs. It has marked a growth rate of 88% so far.
ELCTRIK Speaks
With comprehensive incentives, aggressive infrastructure expansion, and clear sustainability goals. Madhya Pradesh is coming out as one of the leading states in the transition of electric vehicles in India. The MP EV Policy 2025 goes beyond just fighting pollution. It is a milestone towards economic prosperity, energy security, and international climate responsibility. As the world moves towards greener mobility, Madhya Pradesh’s proactive steps ensure it stands at the top of India’s sustainable transportation revolution.