On 31st August 2022, Rajasthan joined the list of 15+ Indian states as it released the Rajasthan Electric Vehicle Policy 2022 (REVP 2022) to encourage the use of electric vehicles across the state. The state government has approved an additional budget provision of Rs 40 crore for the State Goods and Services Tax (SGST) reimbursement on the purchase of such vehicles. With the release of Rajasthan EV Policy, the state has become the latest state to follow Goa, Delhi, Gujarat, Maharashtra, and West Bengal.
Rajasthan Chief Minister Ashok Gehlot has approved this policy, and said its implementation will reduce the pollution caused by diesel and petrol vehicles in the state. Gehlot had announced the introduction of the Electric Vehicle Policy in the state budget for 2019-20.
Salient Features of Rajasthan EV Policy 2022
The Rajasthan EV policy outlines the vision, objectives, scope, implementation procedure, institutional structure & benefits related to electric vehicles in Rajasthan. The important highlights include:
- The State government has sanctioned Rs 40 crore towards electric vehicle purchase incentives and reimbursements of State Goods and Services Tax (SGST).
- The state government had announced to reimburse Rs 5,000 to Rs 10,000 SGST amount for two-wheelers and Rs 10,000 to 20,000 for the purchase of three-wheelers according to the battery capacity of the vehicle. At the same time, the transport department has received a sum of Rs 40 crore to clear the pending cases of grant on the purchase of electric vehicles.
Rajasthan EV Policy 2022 – Vision:
- To reduce vehicular emissions by promoting the transition towards clean mobility and to create a conducive environment for holistic development of the Electric Vehicle ecosystem in the state of Rajasthan.
Rajasthan EV Policy 2022 – Objectives:
- To support the adoption of Electric Vehicles in both personal mobility and public transport segments.
- To enable the creation of a robust network of Electric Vehicle charging stations & battery swapping stations catering to all types of Electric Vehicles with focus on clean energy sources.
- To foster research & development and skill development in the State’s electric mobility space
- To promote the manufacturing of electric vehicles and batteries in the State by providing appropriate incentives under RIPS-2019
Policy Period:
- The policy shall be valid for a period of 5 years from the date of notification with a detailed review to be undertaken annually or as required.
- The incentives shall be extended only for the policy period unless otherwise stated/notified.
Nodal Agency:
The Jaipur Vidyut Vitaran Nigam Limited (JVVNL) has been designated as the nodal agency for the state. As the nodal agency, JVVNL is responsible for shall also be responsible for deciding the ceiling of Service Charges to be charged by Public Charging Stations.
Targets:
Though various provisions and enabling initiatives, category-wise targets by the end of policy period are as follows:
| Category | Target |
|---|---|
| e Two wheelers | 15% Electric Vehicle share in new vehicle registrations |
| e Three wheelers | 30% Electric Vehicle share in new vehicle registrations |
| e Four wheelers | 5% Electric Vehicle share in new vehicle registrations |
| e Buses | Phased transition to e Buses used in routes connecting priority cities |
| Manufacturing | Manufacturing target of 35 Lakh unit per year in the next 5 years. |
Financial Incentives:
The Rajasthan EV Policy 2022 prescribes following financial incentives for purchase of electric vehicles in the state:
| Vehicle Category | Incentive | Number of Electric Vehicles to be incentivized |
|---|---|---|
| All eligible Electric Vehicles | 100% SGST reimbursement | As per limits indicated below for each category |
| Two Wheelers | Upfront Incentives as per battery capacity – – Fixed Battery: from INR 5,000-10,000 – Swappable Battery: from INR 2,000-5,000 | 1,00,000 e-2W |
| Three Wheelers (e-Rickshaw, e-Cart, e-Auto and e-Goods Carrier) | Upfront Incentives as per battery capacity – Fixed Battery: from INR 10,000-20,000 -Swappable Battery: from INR 4,000-10,000 | 25,000 in e-Rickshaw, e-Cart category 25,000 in E-Auto and E-Goods Carrier category |
| Retrofit kit – 15% of the retrofit kit cost (including taxes) up to INR 10,000 per vehicle | 3,000 Retrofit vehicles | |
| Four Wheelers (4W): Personal Cars/ Taxis/CVs/ Light Goods Vehicle (LGV) | Upfront Incentives to vehicles with maximum Ex-showroom price to avail this – incentive is INR 20 lakhs as per battery capacity: from INR30,000-50,000 | 1,000 personal e-4W 1,000 commercial e-4W 2,000 e-Maxi cab and e-Goods carrier |
| Retrofit kit – 15% of the retrofit kit cost (including taxes) up to INR 15,000 per vehicle | 2,000 Retrofit vehicles | |
| Buses | Upfront incentive as per battery capacity – from INR 1,00,000-5,00,000 | 500 e-buses |
| Retrofit kit – 15% of the retrofit kit cost (including taxes) up to INR 2,50,000 per vehicle | 200 Retrofit vehicles | |
