Telangana EV Policy 2020-2030 launched

The government of Telangana has launched its new EV policy to promote electric vehicles. The policy offers 100 per cent exemption of road tax and registration fee for the first two lakh electric two-wheelers purchased and registered in Telangana. Let us further look into the Telangana EV Policy 2020-2030. 

Telangana Ministers KT Rama Rao and Ajay Kumar have launched the EV policy which will be effective from 2020 to 2030 which means it is applicable for a period of 10 years from the date of notification of this policy. The government on Friday signed MoUs with five firms which are set to invest in the EV space.

Telangana EV Policy 2020-2030

Vision

Make Telangana a hub for electric vehicles and energy storage systems.

Mission

• Promote R&D and manufacturing in Electric Vehicle & Energy Storage Systems’ sector.
• Faster adoption of Electric Vehicles & Energy Storage Systems in the State.
• Total Cost reduction of transportation for personal and commercial purposes, supported by world-class infrastructure.
• Make Telangana an attractive investment destination for this sector. 

Key Highlights of the policy

• To reduce the total cost of mobility by increasing the adoption of electric vehicles in public transportation, 2 & 3 Wheelers, 4 wheelers, light commercial vehicles and shared transportation.
• Promoting electric vehicles to reduce import costs and dependency on fossil fuels. 
• Reliable domestically produced renewable energy which is less expensive.
• Telangana as a preferred destination for Electric Vehicle, ESS and component manufacturing.
• Attracting investments worth $ 4.0 Billion and create employment for 120,000 persons by the year 2030
  through EVs in shared mobility, charging infrastructure development and EV & ESS manufacturing activities.
• Creating demand for r battery storage solutions by driving EV adoption incentives and supply-side incentives for battery manufacturing.
• Support EV charging infrastructure and create a market for commercially viable EV Charging business
• Promote Recycle and Cascading of Batteries
• Develop Telangana as a global centre for cutting-edge research and innovation in Electric vehicles, battery technologies and other emerging technologies such as Autonomous/Connected vehicles.

Demand-side incentives for EVs purchased & registered within Telangana

Electric Two-Wheelers

• 100% exemption of road tax & registration fee for the first 2,00,000 electric two-wheelers. 

Three-Seater Auto-Rickshaws

• 100% exemption of road tax & registration fee for first 20,000 electric three-wheelers.
• First 5,000 retrofit 3 seater auto-rickshaws in Telangana will get 15% incentive retro-fitment cost capped at Rs. 15,000 per vehicle.
• Financial institutions will be encouraged to provide a hire-purchase scheme at discounted
  interest rates.

Electric four-wheeler commercial passenger vehicles (taxi, tourist cabs)

• 100% exemption of road tax & registration fee for the first 5,000 Electric 4-Wheeler commercial passenger Vehicles such as Taxi, Tourist Cabs, etc.

Light Goods Carriers-including three-wheelers (goods)

• 100% exemption of road tax & registration fee for first 10,000 Electric three-wheelers (goods), e-carriers as well as electric Light Goods carriers.

Electric private Cars

• 100% exemption of road tax & registration fee for the first 5,000 Electric 4-Wheeler private vehicles.

Electric Buses

• 100% exemption of road tax & registration fee for the first 500 Electric buses.

Electric Tractors

• 100% exemption of road tax & registration fee shall be applicable for electric tractors.

Support for Charging Infrastructure

• The initial batch of fast charging stations in Hyderabad and other towns in a phased manner, by state entities and private players.
• Telangana State Electricity Regulatory Commission shall provide special power tariff category for EV charging stations
• TSREDCO (State Nodal Agency) will evaluate to establish public charging stations directly or
  under the licensee/franchise/PPP model in places such as airports, railway/ metro stations, parking lots, bus depots, markets, petrol stations, malls & electric poles.
• Existing Residential Townships with 1000+ families are encouraged to develop charging station lots
• Every 50 km charging/ swapping station within state boundaries on the highway to cities like Bengaluru, Mumbai, and Chennai, followed by other national/state highways shall be encouraged.
• HMR stations and TSRTC Bus depots in Telangana shall offer reserved parking and charging points for two-wheelers in parking zones.
• In Industrial zones, Government shall develop night community parking with charging facility in PPP mode for r e- Autos, Shared mobility taxis and public transport vehicles.
• Battery disposal infrastructure will also be created for the deployment of used EV batteries.

Support for Manufacturing

• EV & ESS sectors shall be incentivized as per the subsidies and incentives available under the Electronics Policy 2016.
• The government shall extend tailor-made benefits to Mega and Strategic Projects on case to case basis. Investment of more than Rs.200 crores in plant and machinery or providing employment to more than 1000 persons shall be categorized as a megaproject.

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