This incentive is meant to encourage people to retrofit existing vehicles instead of scrapping them.
From October 14, 2025, only EVs manufactured or assembled within the state will qualify for financial incentives.
While India pushes toward greater EV adoption, balancing affordability and taxation remains a challenge.
Vivek Samynathan is the founder and CEO of Plugzmart.
Battery Smart was founded in 2019 by IIT Kanpur graduates Pulkit Khurana and Siddharth Sikka.