Which Indian state offers the most discount on an electric car purchase?

When one considers purchasing an electric car, the term "price" is the first thing that comes to mind as the most significant barrier. Because electric cars (EVs) in India confront various problems relating to pricing as well as infrastructure and technology, individuals are obliged to purchase petrol or diesel-powered automobiles instead. Nevertheless, the efforts of new cars and governments that have emerged over the course of the last few years have helped to grow the EV business. In this section, we shall discuss the efforts that have been taken for EV incentives.

When you buy an electric vehicle, you may be eligible for a number of financial incentives offered jointly by the federal government and the states, which will allow you to keep more money in your own pocket. The "Faster Adoption and Manufacturing of Hybrid and Electric Vehicles" (FAME) program was put into effect by the Central Government in 2015. Its purpose was to encourage the production of electric and hybrid vehicle technologies as well as to ensure its continued sustainable development. This provides advantages such as savings on income tax, freedom from road taxes and registration fees, and discounts on the cost of purchasing electric vehicles.

In preparation for fame-II beginning in 2019, the government allotted 10,000 billion rupees (almost $1 billion) towards it. In accordance with this, a discount of Rs 15,000 per kWh is made available on the acquisition of a two-wheeler electric vehicle, with the amount of the discount varying according to the battery capacity of the vehicle. On the purchase of three- and four-wheeler electric vehicles, there is a discount of up to Rs 10,000 per kWh, and there is a discount of up to Rs 20,000 per kWh on E-buses and trucks. However, this reduction can't be more than forty percent of the total cost of the automobile.

There are subsidies available in both Delhi and Maharashtra.

To encourage the use of electric vehicles, state governments are also providing a variety of incentives that fall within their purview. The government of Delhi is one of the leaders in the charge to promote electric vehicles. Discounts on battery capacity ranging from 5,000 to 30,000 rupees are offered by the government of Delhi to residents who buy two-wheelers or four-wheelers in the city. The maximum discount for four-wheelers is 1.5 lakh rupees. In addition, the state government of Maharashtra is providing a maximum subsidy of Rs. 1.5 lakh at a cost of Rs. 5,000 per kWh.

RTO fee exemptions are available for electric cars.

In most cases, the registration fee (RTO) for electric cars has been entirely eliminated in each and every state throughout the nation. In these states, the price of the car to take it out on the road (also known as the "on-road price") is quite close to the "ex-showroom price."

Subsidies are provided by the governments of Gujarat, Assam, Bihar, and West Bengal up to a maximum of 1.50 lakh rupees at a cost of 10,000 rupees per kilowatt-hour. At a cost of 4,000 rupees per kilowatt-hour (kWh), the Government of Meghalaya provides a maximum discount of 60,000 rupees. The state government of Odisha provides a discount of fifteen percent on the purchase price of all electric vehicles (EVs), with a maximum restriction of five thousand rupees for two-wheelers, twelve thousand rupees for three-wheelers, and one hundred thousand rupees for four-wheelers.

Two-wheelers and three-wheeler electric vehicles are eligible for a discount of up to Rs 20,000 from the state government of Rajasthan. However, four-wheeler electric automobiles and buses do not qualify for a discount of any kind.