Maharashtra’s EV Policy 2025 Offers Toll Waivers and Purchase Incentives

07 May 2025 CW Team

The Maharashtra government has announced sweeping incentives under its Electric Vehicle Policy 2025 to boost EV adoption, including full toll waivers for electric four-wheelers and buses on key expressways such as the Mumbai–Pune Expressway, Atal Setu, and Samruddhi Mahamarg.

A 50 per cent toll concession will also apply across highways managed by the Maharashtra Public Works Department. The initiative aims to lower operational costs for EV users and encourage a shift away from internal-combustion vehicles.

Buyers will benefit from full exemptions on motor vehicle tax, registration, and renewal fees. A ten per cent discount on the base price of electric two-wheelers, three-wheelers, non-transport four-wheelers, and buses will remain available through 2030.

The policy also includes viability gap funding of Rs one Mn for public charging station operators, and mandates that sixty to seventy per cent of charging space be reserved for smaller EVs. Measures have been introduced to expand public charging access in housing societies and at bus depots.

Maharashtra’s approach reflects a long-term strategy to strengthen the EV ecosystem and meet national carbon reduction goals.

Source:EI News Network

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..