India’s newest state has formulated an EV policy that focuses on investment and job creation. The state has prioritised shared and public e-mobility, charging infrastructure development and retrofitment for three-wheeler EVs like passenger rickshaws to drive the transition to e-mobility. Telangana aims to electrify its entire bus fleet by 2030 with a phase wise road map for its implementation, where 25% of the target will be achieved by 2022 and 50% by 2025.
- Capital investment subsidy 20% capped at ₹30 Cr for Mega Enterprises
- 100% net-SGST reimbursement capped at ₹ 5 Cr per year
- Interest subvention of 5.25% for 5 years capped at ₹ 5 Cr
- Exemption on RTO tax and registration fees
|Policy focus areas||Demand side incentives||Incentives for charging infrastructure||Manufacturing incentives for EVs and components||Research and innovation|