The Department of New & Renewable Energy, Goa, announced an end to subsidies for all types of electric vehicles (EVs) in the state, with effect from July 31, 2022.
As per an announcement, this shift to a non-subsidy model is a repercussion of the ever increasing demand for EVs in Goa, and the state’s inability to cope with the demand surge. With this, Goa became the first state in India to do so.
FAME II and centre sector subsidy scheme to continue
Goa’s EV promotion policy originally came into effect last year, in December. It is likely that the State Government’s reason behind the withdrawal of the policy is that the target set for EVs under the policy has been met.
As per the state’s previous EV mobility policy, the rebates were limited to a maximum of 3,000 electric two-wheelers, 50 electric three-wheelers and 300 electric four-wheelers. Reportedly, the subsidy for a two-wheeler was capped at ₹30,000 per vehicle, for three-wheelers at ₹60,000 per vehicle and for four-wheelers at ₹3 lakh per vehicle.
However, subsidy schemes launched by the Union Government, and FAME II subsidies, will continue to remain in place for electric vehicle buyers in Goa. Additionally, subsidies to manufacturers under the Union Government’s PLI scheme will continue until further notice.
