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Key policy of Electric Vehicle Manufacturing & Mobility policy 2022

For Creation of Charging Facilities

• Capital Subsidy to Service providers:

    o Charging Station (one time) investing minimum INR 25 lakh shall be provided capital subsidy @20% upto maximum INR 10 lakh per unit to 1st 2000 Charging Stations

    o Swapping Station (one time) investing minimum INR 15 lakh shall be provided capital subsidy @20% upto maximum INR 5 lakh per unit to 1st 1000 Swap Stations

• Providing Govt Land to Govt/ Private Entitieson revenue sharing model @Re 1/ kwH for a period of 10years

For Adoption

• Registration Fees & Road Tax exemption to buyers –

    @100% on any EV purchased & registered in UP over a period of 3years from policy notification

    @100% on any EV manufactured, purchased & registered in UP in the 4th & 5th year of policy period

• Purchase Subsidy Scheme(one time) valid for 1 year from date of notification specifically done for this subsidy scheme at following rates in defined segments –

    o 2-Wheeler EV: @15% of ex-factory cost upto Rs 5000 per vehicle subject to max. budget outlay of Rs 100 Cr to maximum of 2lac EVs

    o 3-Wheeler EV: @15% of ex-factory cost upto Rs 12000 per vehicle subject to max. budget outlay of Rs 60 Cr to maximum of 50000 EVs

    o 4-Wheeler EV: @15% of ex-factory cost upto Rs 1 lakh per vehicle subject to max. budget outlay of Rs 250 Cr to maximum of 25000 EVs

    o E-Buses (Non-Govt, i.e. School buses, ambulances, etc.): @15% of ex-factory cost upto Rs 20 lakh per vehicle subject to max. budget outlay of Rs 80 Cr to max. of 400 E-Buses

    o E-Goods Carriers: @10% of ex-factory cost upto Rs 1,00,000 per vehicle subject to max. budget outlay of Rs 10 Cr to max. of 1000 E-Goods Carriers

For Manufacturing

    Capital Subsidy:Base Capital Subsidy multiplied by Gross Capacity Utilisation Multiple (GCM), where base capital subsidy is as follows –

For Manufacturing

    Capital Subsidy:Base Capital Subsidy multiplied by Gross Capacity Utilisation Multiple (GCM), where base capital subsidy is as follows –

S.No. Category Criteria
1 Integrated EV Project Investing Rs 3000 Cr or more; First 2 only
2 Ultra Mega Battery Investing Rs 1500 Cr or more and minimum production capacity of 1 GwH; First 2 only
3 Mega EV project Investing Rs 500 Cr or more; First 5 only
4 Mega EV battery project Investing Rs 300 Cr or more; First 5 only
5 Large EV projects Investment of more than MSME but less than Mega EV/ Battery category
6 MSME projects Investment as per GoI MSME Act 2020

And, GCM shall be considered as 1 for first year provided the capacity utilization for the unit is 40% of the installed capacity.For subsequent years GCM shall be considered as 1, provided peak capacity utilisation of that year is 75% or more of the installed capacity.

• Stamp duty reimbursement
o 100% to Integrated EV Project & Ultra Mega Battery project
o 100% in Poorvanchal & Bundelkhand region, 75% in Madhyanchal & Paschimanchal (except GHZ & GBN district) and 50% in GBN & GHZ district to Mega/ Large/ MSME projects
• Other incentives
o Quality certification charges reimbursement (one time) @ 50% of fees paid for obtaining certification upto max INR 10 lakhs per unit to Large and MSME EV/ Battery projects
o Patent registration fees reimbursement (one time) @75% of cost/expenditure incurred upto maximum INR 50000 for acquiring domestic patent and upto INR 2 lakh for acquiring international patent to Large and MSME EV/ Battery projects
o Skill development incentive as reimbursement of stipend (one time) @INR 5,000 per employee per year to a maximum of first 50 employees