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The Maharashtra EV Policy 2025 is a five-year sectoral incentive package operationalised by the state Transport Department through the 23 May 2025 Government Resolution. Its instrument design layers four incentive channels:
1. Demand-side purchase subsidies (~INR 1,740 cr of the INR 1,993 cr outlay) — 10% base-price subsidy on electric 2W, 3W, private and commercial passenger vehicles, State Transport Undertaking (MSRTC) buses, private buses and municipal-corporation buses; +5% top-up (15% total) for goods-carrying 3W/4W, agricultural tractors, and combine harvesters. 2. Charging-infrastructure viability gap funding (~INR 100 cr) — capital subsidy for charging stations at every 25 km on state and national highways within Maharashtra, and dense urban deployment under Mumbai Metropolitan Region, Pune Metropolitan Region, and Nagpur jurisdictions. 3. Manufacturing-side incentives — capital subsidies, SGST reimbursement, electricity-duty exemption, and stamp-duty waiver for EV manufacturing units (overlapping with — but distinct from — the umbrella Maharashtra Industry, Investment & Services Policy 2025 incentive grid). 4. Scrappage and fleet-conversion support — incentives tied to scrapping ICE vehicles and converting commercial fleets (taxi aggregators, last-mile delivery, public transport) to electric.
The policy targets ~30% EV share of all new vehicle registrations in Maharashtra by 2030 — material because Maharashtra is India's single largest passenger-vehicle market (~16% of national PV registrations) and hosts critical OEM clusters (Pune, Aurangabad, Chakan) for Tata Motors, Mahindra, Bajaj, Volkswagen-Skoda India, and Mercedes-Benz India.
Tamil Nadu and Karnataka for EV/battery manufacturing FDI; supports Tata Motors Pune-cluster EV expansion and Mahindra's electric SUV ramp at Chakan/Nashik.
significantly larger private CPO capex (Tata Power, ChargeZone, Statiq, ElectriVa) on the highway corridors.
PM e-Bus Sewa scheme (filed separately as 2024-09-29-india-pm-e-drive-scheme) together accelerate the ~5,000 e-bus state-transport pipeline, benefiting Tata Motors, Olectra Greentech, JBM Auto, Switch Mobility (Ashok Leyland).
the ACC PLI (filed as 2021-05-12-india-pli-acc-battery-storage), supporting Reliance New Energy, Ola Cell Technologies, Exide Industries, Amara Raja Energy & Mobility offtake.
Initial GR is dated 23 May 2025 with retroactive effect from 1 April 2025 — verify first-quarter disbursement reports from Maharashtra Transport Department.
(sub-segment caps, MSME-OEM carve-outs)? Watch the gr.maharashtra.gov.in Transport-Department feed.
schedule — does the 10% subsidy apply only to India-manufactured units (CMVR-compliant + PMP-roadmap-compliant) or also CBU imports?