Reportedly, the Haryana government has notified the Electric Vehicle Policy 2022. It is intended to promote the making of electric vehicles and also their components in the state.
In addition to this information, the Additional Chief Secretary of the Industries and Commerce Department. Anand Mohan Sharan give a statement recently. And as per him, the formulation of this policy, research, and development in the area of electric vehicles will be inspirited.
While in order to strengthen the infrastructure, guidelines have been made in the policy. Whereby it impacts the upfront cost of the electric vehicle to a great extent. As it reduces the overall cost of electric vehicles. Also, as part of this scheme, the buyers of hybrid EVs will also be benefitted, he added as per the official statement.
Previously in June, the Haryana government approved the EV Policy 2022 offers various financial incentives to EV makers respectively.
As EV policy offers several financial incentives to EV manufacturers by providing incentives. It includes fixed capital investment (FCI), net SGST, stamp duty, employment generation, etc. At the same time, there is a 100 percent reimbursement of stamp duty. Alongside an exemption in electricity duty for a tenure of 20 years respectively.
In contrast, the EV policy motive to protect the environment also reduces carbon footprint. And simultaneously making the Haryana EV manufacturing hub. Thereby ensuring skill development in the EV field, inspiring uptake of EV vehicles, providing EV charging infrastructure, and encouraging R&D in EV technology.
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