The State government has decided to waive only the registration fees for all types of electric vehicles purchased during the period of Meghalaya Electric Vehicles Policy 2021.
This is as per the recent modifications made in the policy. Earlier, the policy waives both registration fees and road tax for all types of electric vehicles purchased during the policy period.
The modified policy also stated that the nodal officer will notify separate road tax during the policy period for all types of electric vehicles. The Commissionerate of Transport will be the nodal agency.
The Meghalaya Electric Vehicle Policy, 2021 will remain in operation and valid for a period of five years.
As of October 2020, Meghalaya accounts for only 0.002 per cent of the electric vehicles sold in India and the total EVs in the State account for only 0.001 per cent of the total vehicles registered in the State.
The Meghalaya Electric Vehicle Policy aims at facilitating adoption of at least 15 per cent electric vehicles in the State by 2025.
“The government is committed to provide requisite impetus towards adoption of at least 15 per cent electric vehicles in five years in Meghalaya, by providing incentives to a limited number of early electric vehicles adopters,” the policy said.
All electric vehicles registered in Meghalaya shall be issued a green number plate in accordance with the latest notification of the Ministry of Road Transport and Highways, Government of India.
It also aims at accelerating early adoption of electric vehicles in the State by providing adequate impetus and support for adoption of battery electric vehicles and setting up of related charging infrastructures.
The policy also mandates adoption of electric vehicles in the State government and its boards, corporations, government undertakings, development authorities and municipalities in a phased manner.
Under the policy, the Meghalaya Transport Corporation (MTC) buses will be replaced with battery electric vehicles in a phased manner.
The State government will facilitate setting up charging stations at several key locations such as Meghalaya Transport Corporation’s depots, Inter State Bus Terminus, Deputy Commissioner’s offices, Secretariat, State Central Library, Urban Affairs Department’s parking lots, other State Government facilities, and commercial buildings such as hotels, shopping malls, cinema halls and apartments.
The State Government shall also levy and increase Pollution Cess on all Internal Combustion Engine (ICE) vehicles to discourage polluting vehicles and fund for the incentives for the adoption of electric vehicles in the State.
With the objective of making the Meghalaya Electric Vehicle Policy 2021 financially self-sustainable, the Nodal Agency will set up a non-lapsable Meghalaya Electric Vehicle Adoption Fund (MEVAF) in consultation with the State Finance Department. The funding for the various incentives are being offered under the Meghalaya Electric Vehicle Policy shall be obtained from the sources aggregated under the umbrella of non-lapsable MEVAF.
Besides, the policy also offers incentives for those who purchase electric vehicles. Purchase subsidy at Rs 10,000 per KWH will be provided for the first 3500 electric two wheelers purchased and registered in the State during the policy period. The maximum ex-factory price to avail incentive is Rs 1.5 lakhs for electric two wheeler vehicles.
For three-wheelers, the government shall offer a purchase subsidy at Rs 4,000 per KWH for the first 200 electric three wheelers purchased and registered in the State during the policy period. The maximum ex-factory price to avail incentive is Rs 5 lakhs for electric three wheeler vehicles.
Further, a purchase subsidy at Rs 4000 per KWH will be given for the first 2500 four-wheeler electric vehicles purchased and registered in the State during the policy period. The maximum ex-factory price to avail incentive is Rs 15 lakhs for electric four wheeler vehicles.
The government shall offer a purchase subsidy at Rs 4000 per KWH for the first 30 strong hybrid four-wheeler electric vehicles purchased and registered in the State during the policy period. The maximum ex-factory price to avail incentive is Rs 15 lakhs for Strong hybrid electric four wheeler vehicles.
For electric buses, the government shall offer a purchase subsidy at Rs 4000 per KWH for the first 30 electric buses purchased and registered in the State during the policy period. The maximum ex-factory price to avail incentive is Rs 2 crores for electric buses.
