In Uttar Pradesh, Chief Minister Yogi Adityanath-led Government has decided to exempt road tax and registration fees on purchase of Electric Vehicles (EVs) for three years from the 14th of October, 2022 in its bid to promote electric vehicles.
According to the revised notification issued by Principal Secretary L. Venkateshwarlu, as per the Uttar Pradesh Electric Vehicle Manufacturing and Mobility Policy 2022, 100 per cent tax exemption will be given on electric vehicles (EV) sold and registered in Uttar Pradesh from October 14, 2022, to October 13, 2025.
As per the statement, the government will provide the benefits for EV buyers which will be valid for five years if the purchased electric vehicles is manufactured in the State itself. On behalf of the government, orders have been given to the RTOs of all the districts to ensure compliance with the instructions with immediate effect.
As per the government, these EVs will be all automobiles that are powered by batteries, ultracapacitors, or fuel cells. These include all two-wheelers, three-wheelers, and four-wheelers, Strong Hybrid Electric Vehicle (HEV), Plug-in Hybrid Electric Vehicle (PHEV), Battery Electric Vehicle (BEV), and Fuel Cell Electric Vehicle (FCEV).
The exemption by UP Government is in addition to the subsidy provided by the Central Government on the purchase of electric vehicles. Together these reliefs provided by the Central Government and the State Government will reduce the cost of two-wheelers by 15,000 to 20,000 rupees on-road and cars by up to one lakh rupees.
The government’s decision will end the difference of the registration of EVs in Delhi and Uttar Pradesh and the rates will be the same in the state and the UT. According to the policy, a 15 per cent subsidy will also be given on the factory price of electric vehicles purchased in the State.