Maharashtra approves Rs 66.82 crore additional EV incentive funding for Bajaj Auto
By Eve
The Maharashtra government has approved Rs 66.82 crore in additional funding for Bajaj Auto under the state's 2021 electric vehicle policy, covering incentives for 66,817 additional vehicles. The approval came after the state's original allocation of one lakh electric two wheelers was exhausted through combined manufacturer sales. Manufacturers extend incentives to buyers at point of sale and then seek reimbursement from the government.
Why it matters
The decision signals how state EV incentive schemes are being extended beyond original caps to accommodate demand, creating potential for further subsidy claims by manufacturers. For charging infrastructure planners, the continued two wheeler subsidy flow in Maharashtra indicates sustained electric two wheeler adoption that may require expanded charging networks.
Source
- Original title
- “Bajaj Auto Gets Rs 66.82 Crore Additional EV Incentive Funding From Maharashtra”
- Published
- 28 October 2026
In this story
- Topic
- Electric Vehicles
- Place
- India
- Tags
- Bajaj Auto · Maharashtra
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