Odisha To Set Up Dedicated Fund To Facilitate Subsidies For Electric Vehicles

With a view to cut down carbon emissions, the Odisha Cabinet in August had approved the Electric Vehicle Policy 2021. Odisha became the 10th state in the country to have a full-fledged policy for the ambitious project.

Odisha To Set Up Dedicated Fund To Facilitate Subsidies For Electric Vehicles

In order to achieve large scale adoption of electric vehicles (EV) in Odisha, the state government on Friday (September 17) announced to set up an 'Electric Vehicle Fund' to provide a variety of incentives to people buying electric vehicles.

The government will offer incentives on the purchase and use of the vehicles for the next four years as envisaged under the 'Odisha Electric Vehicle Policy 2021, the State Commerce and Transport Department informed in a press release.