Policy Status: Notified; Notification Date: August 17, 2022; Valid for a period of 5 years from the date of issue of relevant government resolution
Objectives of the Policy:
To promote sustainable mobility in Ladakh by kickstarting the sale and use of EVs
To encourage research, innovation, and skill development in EV technology
All e-vehicles will be exempted from payment of road taxes.
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Electric Two-wheelers
A purchase incentive of 10% of Ex-Showroom or INR15,000 (whichever is lower), subject to maximum ex-showroom price of vehicle to be INR1,50,000/-
The early-bird incentives include a purchase incentive of 20% of Ex-Showroom or INR30,000 (whichever is lower), subject to maximum ex-showroom price of vehicle to be INR1,50,000/- for 28 vehicles
Electric Three-wheelers
A purchase incentive of 10% of Ex-Showroom or INR50,000 (whichever is lower), subject to maximum ex-showroom price of vehicle to be INR5,00,000/-
The early-bird incentives include a purchase incentive of 20% of Ex-Showroom or INR1,00,000 (whichever is lower), subject to maximum ex-showroom price of vehicle to be INR5,00,000/- for 10 vehicles
e-Rickshaw/e-Cart
A purchase incentive of 10% of Ex-Showroom or INR30,000 (whichever is lower), subject to maximum ex-showroom price of vehicle to be INR3,00,000/-
The early-bird incentives include a purchase incentive of 20% of Ex-Showroom or INR60,000 (whichever is lower), subject to maximum ex-showroom price of vehicle to be INR3,00,000/- for 10 vehicles
Electric Car
A purchase incentive of 10% of Ex-Showroom or INR2,50,000 (whichever is lower), subject to maximum ex-showroom price of vehicle to be INR25,00,000/-
The early-bird incentives include a purchase incentive of 20% of Ex-Showroom or INR5,00,000 (whichever is lower), subject to maximum ex-showroom price of vehicle to be INR25,00,000/- for 33 vehicles
Electric Bus
A purchase incentive of 25% of Ex-Showroom or INR50,00,000 (whichever is lower), subject to maximum ex-showroom price of vehicle to be INR2,00,00,000/-
The early-bird incentives include a purchase incentive of 50% of Ex-Showroom or INR1,00,00,000 (whichever is lower), subject to maximum ex-showroom price of vehicle to be INR2,00,00,000/- for 11 vehicles
Electric Four-wheeler (LCV/State Carriage/Maxi Cabs)
A purchase incentive of 10% of Ex-Showroom or INR3,00,000 (whichever is lower), subject to maximum ex-showroom price of vehicle to be INR30,00,000/-
The early-bird incentives include a purchase incentive of 20% of Ex-Showroom or INR6,00,000 (whichever is lower), subject to maximum ex-showroom price of vehicle to be INR30,00,000/- for 9 vehicles
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Domestic tariff will be applicable for charging EVs at residences
Public charging facilities in parking areas of residential buildings, commercial and institutional establishments, etc.
Public charging facilities at fuel pumps, subject to charging infrastructure qualifying rating, fire & safety standards/norms of relevant authorities under relevant acts/rules
Capital subsidy of 25% on the equipment / machinery or INR5 lakhs, whichever is less, per station for first 15 public charging stations for e-2W, e-cars and e-buses
May incentivise battery swapping centres in future years once the EV policy is fully in operation
Will endeavour to mandate creation of charging infrastructure at all newly constructed housing societies, office complexes, shopping arcades/malls, market areas, hotels & guesthouses
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Centre of excellence and research and development in Leh and Kargil
Training-based certification and placement programme for creating appropriate manpower for the EV industry
