UT Pulls the Plug on Subsidy for Electric Cars as Quota Runs Out

Incentive of ₹1.5 Lakh Was Offered for First 2,000 Electric Cars, Bought for Personal Use, Under UT Admn's Electric Vehicle Policy

- Hillary Victor

CHANDIGARH: City residents looking to buy electric cars for personal use will no longer receive incentive for switching to an eco-friendly vehicle as the UT administration has announced discontinuation of the subsidy for this category.

Reason: The allocated 2,000 slots for electric cars (personal) for a ₹1.5-lakh incentive under the administration's Electric Vehicle (EV) Policy, launched in September 2022, has run out.

However, citizens can still grab incentives for 4,000 electric two-wheelers and 1,000 electric commercial vehicles, including cars for non-personal use, under the remaining quota.

Over 20,000 electric vehicles have been registered in the city so far and ₹34.73 crore disbursed as incentives under the EV Policy, as of October 31, 2024, to encourage EV adoption.