In a historic step towards becoming a national leader in clean transport. The Maharashtra government launched its ambitious Maharashtra EV Policy 2025. The policy was approved by Chief Minister Devendra Fadnavis and his cabinet on April 29. It supersedes the previous 2021 policy and will be in operation until March 31, 2030.
The policy establishes a robust foundation for the fast adoption of EVs across the state. Through fiscal incentives, mass-scale infrastructure improvements, and policy changes. a specific objective of achieving a 30% EV share in new vehicle registrations by 2030. Maharashtra hopes to minimize carbon emissions, drive industrial growth, and encourage clean mobility.
Chief Minister of Maharashtra, Devendra Fadnavis said, “This policy makes EVs more affordable and accessible, while encouraging manufacturing and infrastructure development in Maharashtra.”
Key Highlights of Maharashtra EV Policy 2025
₹1,993 Crore Budget Allocation
The state government has allocated almost ₹2,000 crore for the subsequent five years to spur:
- Adoption of EV in the private and public transport segments.
- Local production of EVs and EV components.
- Fixing and scaling up EV charging infrastructure.
Liberal EV Subsidies and Financial Incentives
Buying Incentives:
- 10% discount on the base price. Electric two-wheelers, three-wheelers, four-wheelers (non-transport), public buses, and urban transport buses.
- 15% subsidy for electric transport four-wheelers, goods carriers, tractors, harvesters, and heavy vehicles.
Tax Benefits:
- Exemption of 100% on motor vehicle tax, registration, and renewal charges. For all EVs sold and registered in Maharashtra.
Loan Support:
- Financing up to 100% for eligible EV purchase, making access easier across income segments.
Exemptions in Tolls for Electric Vehicles
Complete Toll Waiver for electric four-wheelers and buses on prominent expressways:
- Mumbai-Pune Expressway
- Atal Setu (Shivdi–Nhava Sheva)
- Samruddhi Mahamarg
- 50% Toll Reduction on other state and national highways under Public Works Department maintenance.
Statewide EV Charging Infrastructure Rollout
To counter range anxiety and enhance convenience:
- Charging points every 25 km on state and national highways.
- Compulsory EV charging points in all new residential societies for Occupancy Certificate (OC) clearance.
- Municipal corporations will allocate 1% of their annual budgets to create EV infrastructure.
Increased Coverage Across 13 Vehicle Categories
Maharashtra’s new policy is inclusive, providing benefits to:
- Two-wheelers, three-wheelers, cars, buses
- Commercial vehicles, tractors, trailers, dumper trucks, harvesters, and others
This move significantly broadens the scope beyond the five categories. In the previous 2021 policy, including high-emission heavy-duty and commercial vehicles.
Transport Minister Pratap Sarnaik added, “We’re making it mandatory for new housing societies to provide EV charging, ensuring infrastructure keeps up with adoption.”
Why Maharashtra EV Policy Matters
Maharashtra contributed 12% to India’s overall EV sales during 2024. Experts maintain that the new EV policy bolsters the state’s leadership of India’s electric mobility revolution. By combining fiscal support with infrastructure. The state ensures that urban and rural areas both gain.
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Future Outlook: Maharashtra’s Vision for 2030
By 2030, Maharashtra seeks to:
- Accomplish 30% EV penetration in all new vehicle registrations.
- Reduce urban air pollution and carbon emissions.
- Transform into a top EV manufacturing and logistics base in India.
The government has also expressed willingness to consider updates and improvements. The future based on market developments and technology advancements. Rendering the policy adaptable and future-ready.
ELCTRIK Speaks
Maharashtra’s EV Policy 2025 is a significant step towards India’s green mobility vision. With its emphasis on accessibility, inclusivity, and infrastructure. The state is leading the way towards a cleaner, smarter, and more sustainable future.
