The policy proposes a 20% subsidy on EV purchases, with additional tax breaks for manufacturers and consumers. The government will also invest ₹10,000 crore in expanding the country’s EV charging network, targeting highways and major urban centers.
“India is committed to reducing its carbon footprint, and EV adoption is a cornerstone of this mission,” said Gadkari. “Our goal is to ensure that 30% of all vehicles sold by 2030 are electric, transforming both urban and rural mobility.”
Automakers have welcomed the move, with companies like Tata Motors, Mahindra, and Ola Electric announcing plans to ramp up production. However, critics have pointed to challenges like high battery costs and the lack of existing infrastructure in rural areas as hurdles to widespread adoption.
Environmentalists have praised the government’s initiative, citing the urgent need to address pollution in cities like Delhi and Mumbai. The policy also aligns with India’s commitments under the Paris Climate Agreement, signaling a shift toward sustainable development.
"Powering the Future: India’s Big Push for Electric Vehicles by 2030"