Mumbai: In a major policy shift aimed at curbing vehicular emissions, the Maharashtra government has officially notified its Electric Vehicle (EV) Policy 2025, which will be in effect from 1 April 2025 to 31 March 2030.
The EV policy sets clear adoption targets, introduces capital and purchase subsidies, and mandates charging infrastructure across highways.
Key Adoption Targets Across Vehicle Segments
The state aims to convert 30 per cent of all new vehicle sales to electric by 2030. Segment-specific targets include:
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40 per cent for new two-wheelers and three-wheelers
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30 per cent for passenger cars
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25 per cent for light goods vehicles
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20 per cent for heavy goods carriers
For public transport, the government has set a target of electrifying 40 per cent of State Transport Undertaking (STU) buses and 15 per cent of non-STU public buses in six major cities: Mumbai, Pune, Nagpur, Nashik, Chhatrapati Sambhajinagar and Amravati.
Financial Incentives and Toll Exemptions
To incentivise early adoption, the government will provide:
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Up to Rs 2 lakh subsidy for electric transport vehicles (limited to 25,000 units)
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Up to Rs 20 lakh per bus, capped at 1,500 units
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Rs 1.5 lakh for electric tractors and harvesters, with a limit of 1,000 units
All vehicles registered within the EV policy window will be exempt from motor vehicle tax and registration renewal charges. Additionally, EVs will not be charged tolls on state and national highways, including the Mumbai–Pune Expressway, Samruddhi Mahamarg, and Atal Setu.
Charging Infrastructure and Fleet Mandates
The EV policy mandates the installation of charging stations every 25 km on highways. All fuel stations will be required to install at least one EV charging point. The state will also support the creation of 1,500 DC fast-charging stations with capital assistance of up to Rs 10 lakh per unit.
Fleet electrification will be made mandatory in targeted zones, with:
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100 per cent electrification of government fleets
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25 per cent for aggregator and e-commerce fleets
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50 per cent for last-mile delivery fleets