The still unspoilt UT of Ladakh is the latest to develop a specific electric vehicle policy. Tourism has proved to be a double-edged sword -- providing 50% of the GDP to the UT while playing havoc with the environment.
Ladakh's "Electric Vehicle and Allied Infrastructure Policy 2022" will be in effect for the next five years, until August 16, 2027, and will be implemented through demand incentives to end-users, installing a network of EV charging stations, and administration of the scheme.
According to a spokesman, Ladakh's Electric Vehicle and Allied Infrastructure Policy is meant to make Ladakh a leader in spreading EVs across India by encouraging and fostering an EV ecosystem. The policy seeks to promote the growth of an EV ecosystem by incentivising EV purchase and usage.
All e-vehicles will be exempted from paying road taxes.
EV buyer incentives - A 10% capital subsidy on purchasing two-, three-, and four-wheeled electric cars and a 25% subsidy on commercial vehicles (table below).
EV charging station incentives
While electrical power required for EV charging will be charged at a home rate, public charging stations may be installed in parking lots of residential, commercial, and institutional enterprises. Similarly, the installation of public EV charging stations at gas stations will be permitted subject to charging station area and charging infrastructure qualifying rating, fire and safety criteria.
The first fifteen public EV charging stations for two-wheelers, vehicles, and buses would be eligible for a 25% capital subsidy on equipment/machinery or Rs 500,000 (whichever is less) per station.
Like other states in India, Ladakh will also look to develop the charging infrastructure at all office complexes, new housing societies, shopping arcades, hotels etc. The territory also intends to reserve 10% of parking spaces for electric vehicles and lower parking fees for these eco-friendly vehicles.
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