Maharashtra clears Rs60 crore for EV incentives in a significant move to strengthen electric mobility and clear long-pending claims under its state EV framework. In January 2026, the Maharashtra government approved the release of around ₹60 crore under the Maharashtra Electric Vehicle Policy 2025, reinforcing its commitment to cleaner transport, lower emissions, and faster EV adoption across segments.
Breakdown of the ₹60 Crore Approval
Out of the total sanctioned amount, ₹30 crore has been allocated to clear pending demand-side incentives approved earlier under the Maharashtra Electric Vehicle Policy 2021. These incentives had been awaiting disbursal despite verified eligibility.
An additional ₹26 crore has been sanctioned under the Maharashtra EV Policy 2025, based on validated claims and vehicle sales data submitted by manufacturers. The remaining ₹4 crore will be used to reimburse toll tax exemptions already granted to electric vehicles across the state.
Eligible Vehicles and Manufacturers
The approved incentives cover electric two-wheelers, three-wheelers, and four-wheelers. Several major EV manufacturers are eligible for the disbursal, including Bajaj Auto, Tata Motors, Mahindra Last Mile Mobility, Ather Energy, Piaggio Vehicles, Euler Motors, and others.
Maharashtra clears Rs60 crore for EV incentives following a detailed review by a committee chaired by the additional chief secretary (transport), which examined claims, vehicle volumes, and compliance with policy guidelines. Funds will be released on a first-come, first-served basis after verification.
Toll Waivers: Major Relief for EV Owners
A key highlight of the policy is toll relief. Electric four-wheelers and buses enjoy a 100% toll exemption on major expressways such as the Mumbai–Pune Expressway, Samruddhi Mahamarg, and the Atal Setu (MTHL). EVs also receive a 50% toll concession on other state and national highways managed by the PWD.
In mid-January 2026, the cabinet extended toll relief at Atal Setu for another year, strengthening non-monetary incentives under the policy.
Financial Incentives and Tax Benefits
The policy offers purchase incentives ranging from 10% to 15% of the vehicle’s original cost. Electric four-wheelers can receive incentives of up to ₹2 lakh, while electric buses are eligible for benefits up to ₹20 lakh. Additionally, EVs registered in Maharashtra enjoy a 100% exemption from motor vehicle tax and all registration or renewal fees.
Infrastructure Push and Future Outlook
The state plans to install charging stations every 25 km along highways and upgrade urban charging infrastructure in cities like Mumbai and Pune. It has also approved the procurement of 1,000 electric buses for Pune under the PM e-Drive scheme.
Overall, Maharashtra clears Rs60 crore for EV incentives to provide liquidity support to manufacturers, compensate implementing agencies, and accelerate the transition to sustainable mobility. This decision positions the EV Policy 2025 as a central pillar of the state’s long-term clean transport strategy, ensuring economic and environmental gains move forward together.
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