Top 5 Indian States Offering the Best EV Incentives in 2025
Introduction
The rapid shift towards electric vehicles (EVs) has been propelled by government incentives and subsidies. In India, several states have rolled out comprehensive EV policies to encourage the adoption of these eco-friendly vehicles. With the aim of accelerating the transition to EVs, several state governments have introduced attractive incentives and subsidies.
Top 5 States with Best EV Incentives
1. Maharashtra
- Purchase incentive of INR 1.5 lakh for EVs manufactured in Maharashtra
- Exemption on road tax for EVs for 5 years
- Waiver of registration charges for EVs
- 100% stamp duty exemption for EV financing
2. Delhi
- Subsidy of INR 10,000 for e-rickshaws and INR 28,000 for electric cars
- Waiver of registration fees for EVs
- 100% exemption on road tax for EVs for 4 years
- Free charging infrastructure in select areas
3. Karnataka
- Purchase incentive of INR 13,000 for EVs costing up to INR 20 lakhs
- Subsidy of INR 40,000 for electric buses
- Waiver of registration charges for EVs
- 50% concession in stamp duty for EV financing
4. Gujarat
- Purchase incentive of INR 1.50 lakh for EVs manufactured in Gujarat
- 100% exemption on registration fees for EVs
- 50% subsidy on electricity charges for EVs
- Free charging infrastructure in select cities
5. Telangana
- Purchase incentive of INR 1.50 lakh for EVs manufactured in Telangana
- 100% exemption on registration fees for EVs
- 20% subsidy on loan interest for EVs
- Free charging infrastructure in select areas
Factors to Consider When Evaluating EV Incentives
- Eligibility criteria for vehicles and buyers
- Amount and duration of the incentive
- Availability of charging infrastructure
- Existence of additional tax benefits
Conclusion
The state-level EV incentives in India are crucial for boosting EV adoption and making EVs more accessible to consumers. As these incentive schemes evolve and expand, more states are expected to join the list of those offering attractive benefits. With the combined efforts of the central and state governments, India is well positioned to achieve its ambitious EV targets.
