The Maharashtra govt has signed a Memorandum of Understanding (MoU) with RMI to support the adoption and promotion of Electric Vehicles (EVs) in the state. RMI will provide technical support to implement the state’s recently launched EV Policy. The signing took place in Glasgow, United Kingdom, at the United Nations Conference on Climate Change (COP26).

According to a press release issued to the media, the Maharashtra EV Policy approved in July this year aims to have a 10 per cent share of EVs in total registrations by 2025. It targets conversion of 15 per cent of the Maharashtra State Road Transport Corporation (MSRTC) fleet into electric by 2025. The policy provides fiscal incentives for EV buyers and for the manufacturers of EVs and EV components along with subsidies for the creation of charging infrastructure.