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Uttar Pradesh electric vehicle manufacturing and mobility policy 2022

The Uttar Pradesh government has announced the New Electric Vehicle Manufacturing and Mobility Policy, 2022, to promote faster adoption of clean mobility solutions and create a conducive ecosystem for EVs in the state. The policy provides for a three-pronged incentive regime that includes benefits to consumers for purchasing EVs; to manufacturers of EVs, batteries and related components; and to service providers developing charging/ swapping facilities. The main objective of the policy is not only to create an eco-friendly transportation system in the state, but also to make Uttar Pradesh a global hub for the manufacturing of electric vehicles, batteries and associated equipment.