Latest news with #MaharashtraEVPolicy
Hindustan Times
26-05-2025
- Automotive
- Hindustan Times
Auto recap, May 25: Tata Altroz EV plan paused, Nissan GT-R to come back, new Maharashtra EV policy detailed
Here is your quick check on the biggest developments in the world of automobiles. Here is your quick check on the biggest developments in the world of automobiles. Notify me The automotive industry is progressing rapidly, presenting difficulties in staying abreast of all the latest advancements. At HT Auto, we are dedicated to delivering the most relevant and current information as it becomes available. Below is a concise overview of the key highlights from Sunday, May 25. Tata Altroz EV plan paused for now. Here's why Tata Motors launched the updated Altroz premium hatchback in the Indian market earlier this week at an introductory starting price of ₹ 6.89 lakh (ex-showroom). The premium hatchback now comes available in petrol, diesel and CNG fuel options, while transmission choices include manual, automatic and AMT units. In fact, Tata Altroz is the only premium hatchback in the Indian market that comes with a diesel engine. The Maruti Suzuki Baleno, Hyundai i20 and Toyota Glanza rival was supposed to receive an all-electric iteration as well. It has long been speculated that Tata Motors, which currently holds the lion's share in the Indian electric passenger vehicle market with models such as Tiago EV, Tigor EV, Punch EV, Nexon EV and Curvv EV, is working on Altroz EV. However, the homegrown car manufacturer has now confirmed that it has paused the plan to launch the Altroz EV temporarily. Also Read : Tata Altroz EV plan paused for now. Here's why Godzilla will be back, promises Nissan as a new GT-R is on the card Nissan GT-R may not be currently in business, but that doesn't diminish the consumer attention towards this car. And keeping that in mind, Nissan is working on a new GT-R. The Japanese car manufacturer that has been sailing through troubled waters has confirmed that a new GT-R is in development. Nissan GT-R, which is popularly known as Godzilla as one of the insanely powerful sportscar is gearing up for a return. Auto Express has quoted Nissan's VP of Product Marketing Strategy, Arnaud Charpentier, saying that the GT-R will be back, without a doubt. This comment comes at a time when Nissan is undertaking a massive cost-cutting agenda after losing billions in recent years due to sales slumping short of investments. Also Read : Nissan working on a new GT-R, promises to reinvent notion of a sports car New Maharashtra EV policy aims 30% electric vehicle adoption by 2030 The new Maharashtra EV Policy has received the green signal from the government. With this, the Maharashtra government is aiming to achieve 30 per cent electric vehicle penetration in he state by 2030. The new Maharashtra EV Policy promises a comprehensive supportive ecosystem for electric mobility. It lays down that new residential buildings in the state must provide EV charging facilities and also offers incentives such as a toll waiver for electric vehicles. The new Maharashtra EV Policy has become effective from April 1, 2025 and will remain enforced till March 31, 2030. The Maharashtra government claims that it aims to make the state a leading hub for electric vehicles in the country through incentives, infrastructure expansion and manufacturing support. With this policy, the state government aims to prevent 325 tonnes of PM 2.5 emissions and 1,000 tonnes of Greenhouse Gas (GHG) emissions from the transport sector by the end of this decade as part of the Clean Mobility Transition Model. Also Read : Maharashtra EV Policy: Govt aims 30% electric vehicle adoption by 2030 through a comprehensive supporting ecosystem Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape. First Published Date: 26 May 2025, 07:15 AM IST
Hindustan Times
25-05-2025
- Automotive
- Hindustan Times
New Maharashtra EV policy aims 30% adoption by 2030 through incentives, toll waiver and manufacturing support
New Maharashtra EV Policy will remain in effect between April 1, 2025 and March 31, 2030. New Maharashtra EV Policy will remain in effect between April 1, 2025 and March 31, 2030. (Getty Images via AFP) Check Offers The new Maharashtra EV Policy has received the green signal from the government. With this, the Maharashtra government is aiming to achieve 30 per cent electric vehicle penetration in he state by 2030. The new Maharashtra EV Policy promises a comprehensive supportive ecosystem for electric mobility. It lays down that new residential buildings in the state must provide EV charging facilities and also offers incentives such as a toll waiver for electric vehicles. The new Maharashtra EV Policy has become effective from April 1, 2025 and will remain enforced till March 31, 2030. The Maharashtra government claims that it aims to make the state a leading hub for electric vehicles in the country through incentives, infrastructure expansion and manufacturing support. With this policy, the state government aims to prevent 325 tonnes of PM 2.5 emissions and 1,000 tonnes of Greenhouse Gas (GHG) emissions from the transport sector by the end of this decade as part of the Clean Mobility Transition Model. 2025 Maharashtra EV Policy: What it offers The new Maharashtra EV Policy proposes incentives of up to ₹ 2 lakh for electric four-wheelers used in the transport sector. Also, it offers up to ₹ 20 lakh incentives for electric buses. One lakh electric two-wheelers, 25,000 transport category electric four-wheelers and 1,500 electric private as well as city buses will receive these incentives. It also provides for complete exemption from Motor Vehicle Tax and registration renewal fees for EVs registered during the policy period. EVs will get a 100 per cent exemption from toll on the Mumbai-Pune and Mumbai-Nashik Expressways. The policy further aims to make a decision about granting tax exemption to electric vehicles in phases on the remaining roads under the jurisdiction of the Public Works Department (PWD). Charging infrastructure will be developed at 25 kilometres intervals along the highways, and it will be ensured that there is at least one EV charging station at every government office parking space, states the policy. Also, public EV charging stations will receive viability gap funding of up to 15 per cent of the setup cost. All new residential buildings must be 100 per cent EV charging ready, with at least one community charging point. New commercial buildings must earmark 50 per cent of parking for EV charging, while 20 per cent of space in existing commercial buildings with shared parking must have operational chargers, as per the new policy. The new policy also lays down that all new vehicles purchased for city travel by government departments must be electric. In cities like Mumbai, Pune, Nagpur, Nashik, Chhatrapati Sambhajinagar, and Amravati, 50 per cent of city utility vehicle purchases must be electric. The state will also support research and development in alternative battery chemistries, motor technology, vehicle-to-grid integration and green hydrogen generation. A ₹ 15 crore corpus will be created under the Chief Minister's EV R&D Grant to fund such initiatives, as per the policy. Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape. First Published Date: 25 May 2025, 08:52 AM IST
