EV Policy - Telangana
Introduction
To make Telangana a hub for Electric vehicles and energy storage system:
- To make the State an attractive investment destination for this sector
- To promote R&D and manufacturing in Electric Vehicle & Energy Storage Systems’ sector
- To ensure faster adoption of Electric Vehicles & Energy Storage Systems in the State
- To achieve substantial reduction in total cost of transportation for personal and commercial purposes, supported by a world-class infrastructure
Demand Incentives
- Road Tax : 100% exemption of road tax for the first 5,000.
- Vehicle Registration: 100% exemption of registration fee for the first 5,000.
Charging station subsidy
- Government shall facilitate setting of up 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 Electric Vehicle Charging Stations
Manufacturing subsidy and Tariff
- Capital Investment Subsidy: 20% of investment capped at 30 Cr. for Mega Enterprises.
- SGST Reimbursement: 100% net SGST reimbursement capped at 5 Cr. per year with a cumulative cap of 25 Cr. over a period of 7 years for Mega Enterprises.
- Power Tariff Discount: 25% for 5 years capped at 5 Cr. for Mega Enterprises.
Electricity Duty Exemption: 100% for 5 years capped at 0.5 Cr
Battery recycling subsidy
The first 200 public battery swapping stations set up in Tamil Nadu shall be eligible for a capital subsidy of 25% on the cost involved in the purchase of equipment and machinery limited to Rs. 2 lakh per station.
Skill development
- EV Research Hub: A dedicated facility shall be developed to house EV R&D centers by domestic and global EV Majors. Hyderabad’s strength in Technology domain shall be leveraged to provide quality manpower for such centers. This hub is also expected to attract global R&D activities on other emerging mobility trends such as connected and autonomous vehicles.
- Centers of Excellence: State Government shall partner with premier Technical Institutes and research establishments across the state to establishing Centers of Excellence for conducting market-focused research on Battery Technologies, battery management, motors, and controllers. State Government shall seek Industry participation and leverage GOI EV policy to provide grant to these centers. NFTDC (Non-Ferrous technologies Development center) at Hyderabad is running one such COE on electric vehicle technologies, under GOI FAME scheme.
- T- Fund: The Government shall offer financial support to Start-ups for research and innovation in EV & Battery technologies. Yearly awards shall be instituted to recognize breakthrough work in Battery Technologies in separate categories for OEM’s, ancillaries and start-ups
- T-Works Automotive Prototyping Center: Recognized as India’s largest Prototyping Centre, T- WORKS shall have a dedicated wing for prototyping of Electric Vehicle components/ assembly & battery. Industry partnership in the same shall be invited from EV OEMs and large component manufacturers. The facility shall serve start-ups and MSME units in the EV space at subsidized rates