EV Policy

EV POLCY

EV POLCY
  • EV policies typically set time-specific sales targets for electric vehicles in the State.  These targets help guide EV infrastructure development and incentives. The policies also allocate a budget for incentivizing consumers and manufacturers, making EVs more accessible and affordable.

  • Demand-side subsidies and incentives to EV customers include road tax and registration fee exemptions, subsidized interest rates, and electricity tariff benefits.  These subsidies help make EVs affordable to consumers and act as an incentive for them to switch to EVs.

  • Industry incentives to EV manufacturers and charging infrastructure providers include manufacturing subsidies, tax benefits and government procurement contracts.  These incentives encourage manufacturers to produce EVs and develop charging infrastructure, leading to lower costs for consumers.

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  • Focus fleets are EVs owned and operated by the government or private companies.  These fleets help demonstrate the benefits of EVs and also raise consumer awareness of EVs.
  • Job creation: EV policies can create jobs in the manufacturing, installation, and maintenance of electric vehicles and charging infrastructure. These jobs can help to boost the economy and create opportunities for people in all parts of the country.
  • Charging infrastructure mandates the installation of charging stations in public places by businesses and government entities.  These mandates help make it easier for consumers to charge their electric vehicles and encourage them to switch to EVs.

Published Reports on State EV Policies

WRI Report 

BEE Website on state EV PoliciesWRI Report