In a bid to encourage mass EV adoption in the UT, Chandigarh Renewable Energy and Science and Technology Promotion Society (Crest) has finally released financial incentives under the new electric vehicle or EV policy, paying Rs 15 lakh to the first 23 EV buyers.
The Crest has received 12 more applications eligible for a total of Rs 7 lakh rebate for processing.
Out of the 23 beneficiaries, six people received the incentive for purchasing four-wheelers, while the remaining for two-wheelers. The benefits are been given to the people who have purchased the new EVs from September 20, the day the UT administration launched the EV policy.
“We have started giving incentives to EV buyers. People were given the benefits within 15 days of them depositing documents to the department that is committed to disbursing the amount in time. In the coming days this period will be reduced further to encourage people to purchase EVs,” said Debendra Dalai, Chief Executive Officer, Crest.
Currently, EV buyers have to visit the office of the Crest to deposit the required papers before the authority and after processing, financial incentives are released. The documents include invoices of the purchases and related papers.
UT adviser Dharam Pal said, “We have simplified the paperwork in such a manner that people don’t face any hassle while getting the financial incentive benefit. We are hopeful that it will boost the people to switch to EVs in a significant number.”
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