Chandigarh, Sept 27 (KNN) With the aim to promote entrepreneurship in electric vehicle (EV) mobility in the UT, the Chandigarh administration is providing incentives to first 10 startups ensuring zero-emission mobility.

The UT administration on the recommendation of the Chandigarh Renewal Energy and Science and Technology Promotion Society (CREST), a provision has been made to provide infrastructure incentives and patent fees to promising start-ups in the UT’s EV Policy, as per a report by the Hindustan times.

“In the infrastructure incentive category, the first 10 startups with zero-emission mobility will be given a monthly grant of Rs 3,000 per person. They will also be paid up to 50 per cent of the patent fee and other associated expenses for nationally and internationally registered patents,” a senior official said.

For nationally registered patents, they will be paid up to Rs 2 lakh and for international patents up to Rs 5 lakh, he added.

As per reports, these benefits are only available to startups working on products or services related to the EV sector. The startup should also be registered with Startup India, and should have a registered office in Chandigarh.

The UT administration had rolled out its EV policy on September 20, under which not only will incentives be given to EV buyers, the UT will also stop the registration of two-wheelers and three-wheelers running on internal combustion engines (ICE) from 2024-25.  (KNN Bureau)