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New e-vehicles policy
February 18 , 2023
519 days
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- The Tamil Nadu Electric Vehicles Policy, 2023, was released by Chief Minister M.K. Stalin.
- It provides a capital subsidy for public and private charging stations and battery swapping stations.
- It lists special demand-side incentives for retrofitting and re-manufacture.
- Government shall develop a road map to electrify public and institutional fleets operating in the State in phases.
- The State shall endeavour to increase the share of electric buses to 30% of the fleet [operated by State Transport Undertakings] by 2030.”
- The 2019 policy provided for waiver of road tax, registration charges and permit fees till December 31, 2022.
- But the latest policy extends them by three years and further provides for special demand- side incentives till March 31, 2026.
- However, these incentives would be applicable to vehicles manufactured, sold and registered in Tamil Nadu.
- As on April 30, 2022, over 1.15 lakh EVs have been registered in Tamil Nadu, of which 93% were non-commercial vehicles.
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