Now Reading: Odisha extends EV policy validity till Dec 31
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Odisha extends EV policy validity till Dec 31
The Odisha government has extended the validity of the Odisha Electric Vehicle Policy, 2021 until 31 December 2026. The Commerce and Transport department issued a notification on Saturday, 3 October 2026, citing the government's commitment to reduce carbon emissions.
Under the policy, the state provides 100 per cent exemption from road tax and registration fees along with purchase subsidies. Two-wheeler buyers get a subsidy of 15 per cent of the vehicle cost capped at Rs 5,000 or Rs 5,000 per kWh (max Rs 20,000). Three-wheelers get 15 per cent capped at Rs 10,000 or a flat Rs 30,000. Four-wheelers are eligible for 15 per cent capped at Rs 50,000 or Rs 10,000 per kWh (max Rs 1.5 lakh). Passenger buses receive 10 per cent of vehicle cost (Rs 4 lakh to Rs 20 lakh depending on specifications), and goods carriers get Rs 30,000 for initial units.
Indian Opinion Analysis
The extension keeps EV purchase incentives and manufacturing support alive through the end of 2026, giving buyers and investors a clear deadline. The subsidy slabs favour smaller vehicles: two-wheelers and three-wheelers get proportionally higher support than four-wheelers, which may shape adoption patterns. What remains open is whether the policy will be renewed beyond December, and if the subsidy rates or vehicle categories will change.
Source: thehansindia.com
This brief was synthesised by AI from the source linked above. Methodology and corrections.
