Noida: E-rickshaw, e-scooter, e-bike, and electric car will now be made in Noida only. For this, work on a big project has also been started. Electric Vehicle City will be developed on 100 acres to give space to companies. Recently, the delegation of the Electric Vehicle Manufacturing Association had met the CEO of Yamuna Authority regarding this matter. The CEO has also expressed interest in the proposal and said that 100 acres of land will be given. This is not the first time that land is being given to an industry near Jewar Airport to develop a park. Work is already underway on about half a dozen parks. Land can be given for electric vehicle city in Sector-28.
50 companies will come to Electric Vehicle City
The delegation of the Electric Vehicle Manufacturing Association met Arunveer Singh, CEO of Yamuna Authority. He assured the CEO that if the authority develops Electric Vehicle City, then at least 50 companies will start their units in the city. After this, not only will e-rickshaw, e-scooter, e-bike and electric car be made, along with the electric vehicle will be made in the city itself on the lithium battery used in e-vehicles.
Along with this, the authority has also assured the businessmen that when the Electric Vehicle City is formed, along with the land, facilities of Common Facility Center, Research and Development Center, Lab Testing Skill Development Center, Green Innovation Center will also be provided. Due to this, the authority has sought a detailed project report from all the traders.
These facilities will also be available in Electric Vehicle City
The authority says that if the e-vehicles fulfill the business conditions, then they will be given all the facilities under one roof. Businessmen will not have to go astray. They will get all the facilities under one roof. Those setting up electric vehicle units will get a 50 percent interest rebate for 7 years. The government will give this money.
There will be a subsidy of 5 percent on research and development. Electric duty will be waived for 10 years. There will be a 50 percent rebate on stamp duty. 90 percent exemption will be given in-state GST for 10 years. The government will cooperate in PF up to 200 employees.
