Business Standard

Kerala nod for e-vehicle policy

- TE NARASIMHAN

The government of Kerala has final is edan electric vehicle( EV) policy forth estate. The Cabinet approval came with some changes in the draft policy. One aim is to pro cure 6,000 electric buses forth estate road transport corporatio­n by 2025. In the firstphase, EV buses will plyin Thiruvanan­t ha pu ram. Other vehicles powered by electricit­y are tobe progressiv­e ly phased in. Charging stations will be set up. Useofe-rickshawsi­stobe expanded through Automobile­s. other incentives wouldbegiv­en, fromboth central and state government­s. The state Budget for 2019-20 has proposed to ensure arise in the number of E Vs to a million by 2022. An e-mobilityis to be started, with ~12croreall­ocation. Around 10,000 electric autos will be given a subsidy from this year. The Budget also proposes a 50 per cent concession on road tax for five years to newly registered e-rickshaws. For other EVs, a 25 per cent concession for five years. Charging stations will be establishe­d with help from private investors. Gradually, only electric autos will be permitted in major towns. The government has also started discussion with a Swiss company to manufactur­e electric buses, as a joint venture. When the state road transport body turns to e-buses on a large scale, the supplier firm might be asked to start a manufactur­ing centreinKe­rala. Allied industries will be developed, says the Budget document. Under the new policy, the state will promote the setting up of factories for making EVs, ancillary units and research facilities.

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