{"id":59624,"date":"2022-08-20T19:15:00","date_gmt":"2022-08-20T13:45:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=59624"},"modified":"2022-08-20T19:05:36","modified_gmt":"2022-08-20T13:35:36","slug":"ladakh-ev-policy","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/ladakh-ev-policy\/","title":{"rendered":"Ladakh rolls out EV policy with subsidies to encourage buyers"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-979829733\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The Union Territory of Ladakh has announced a new electric vehicle policy with subsidies to encourage the citizens to procure e-vehicles in order to create a carbon-neutral future, an official spokesman said on Saturday.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2902384898\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p>Ladakh\u2019s Electric Vehicle and Allied Infrastructure Policy aims to transform the UT into a torch bearer in terms of the adoption of electric vehicles in the country and envisions to encourage and cultivate an EV ecosystem, the spokesman said.<\/p>\n<p>He said the policy entails a capital subsidy of 10 per cent on two-wheelers, three-wheelers, and four-wheelers.<\/p>\n<p>\u201cTo encourage sustainable and eco-friendly public transport, public buses will be given a capital subsidy of 25 per cent under the policy,\u201d the spokesman said.<\/p><div class=\"trade-content_5\" id=\"trade-544460615\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>With a view to encouraging this shift to electric vehicles, he said the administration has offered an early bird subsidy for the first year of the policy.<\/p>\n<p>\u201cDuring the first year, the percentage of the subsidy for each type of vehicle would be double of the normal subsidy being offered for subsequent years. In order to promote electric vehicles, the administration has decided to continue to exempt electric vehicles from road taxes,\u201d the spokesman said.<\/p>\n<p>Further, to enhance the ecosystem of charging facilities, he said the administration has offered to subsidise commercial public electric vehicle charging stations for two wheelers, cars and buses.<\/p>\n<p>\u201cCapital subsidy on equipment\/machinery (capital subsidy of 25 per cent on the equipment \/machinery or Rs 5 lakh (whichever is less) per station for the first 15 electric vehicle charging stations. The policy underlines that the electric power required by commercial EV charging stations would be charged at domestic rates,\u201d the spokesman said.<\/p>\n<p>He said the policy is a major step towards making Ladakh self-sustainable, smart, integrated and carbon neutral.<\/p>\n<p>The spokesman said the Regional Transport Officer, Ladakh has been made responsible to monitor the implementation, point of contact for Electric Vehicle policy, creating awareness regarding the policy as well as the operations guidelines and administering the policy. PTI TAS MR MR<\/p><div class=\"trade-content-10\" id=\"trade-3192069964\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<div class=\"trade-after-content\" id=\"trade-3669919075\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The Union Territory of Ladakh has announced a new electric vehicle policy with subsidies to encourage the citizens to procure e-vehicles in order to create a carbon-neutral future, an official spokesman said on Saturday. Ladakh\u2019s Electric Vehicle and Allied Infrastructure Policy aims to transform the UT into a torch bearer in terms of the adoption [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":13622,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1696,31],"tags":[],"class_list":["post-59624","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate-action","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ladakh rolls out EV policy with subsidies to encourage buyers - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/ladakh-ev-policy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ladakh rolls out EV policy with subsidies to encourage buyers\" \/>\n<meta property=\"og:description\" content=\"The Union Territory of Ladakh has announced a new electric vehicle policy with subsidies to encourage the citizens to procure e-vehicles in order to create a carbon-neutral future, an official spokesman said on Saturday. 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