Full exemption of motor vehicles taxes and registration fees on electric vehicles (EVs) was announced by Odisha Government.
Highlights:
This move was made to encourage the rapid uptake of electric vehicles.
The Odisha Motor Vehicles Act awarded the exemption, which is valid until 2025.
In accordance with the Odisha Electric Car Policy, the State Government also proposes to provide some incentives to electric vehicle producers, customers, batteries, and charging stations.
The government has stated that battery-powered vehicles will be exempt from all motor vehicle taxes and registration expenses.
In order to entice clients, the Transportation Department filed a proposal to the government to authorize subsidies on e-vehicles.
The plan has now been approved by the government.
These incentives will not be based on battery capacity, as they are in other states such as Delhi and Gujarat.