Kerala Announces EV Policy with Full Electrification Plans by 2030

- Advertisement -

Kerala’s electric vehicles policy exempts you from paying road tax up to three years and offers an incentive of ₹ 30,000 to purchase three wheelers

Kerala has come up with an e-mobility (EV) policy that promotes electric buses and e-autorickshaws. The aim is to introduce public transport that reduces air pollution. It has announced its mission of full electrification of all types of motor vehicles by 2030.

- Advertisement -

The e-mobility policy wants to have around one million EVs by 2022, to create around 200,000 two-wheelers, 50,000 three-wheelers, 1,000 goods carriers, 3000 buses and 100 ferry boats by 2020.

Policy detail

The e-mobility policy has been designed to promote local production of the vehicles through skill development training programmes, to create a common charging infrastructure for electric vehicles that will have the required power availability and a network of charging points. Power tariffs will also be fixed so that it favours the manufacturers. This transition strategy also has policies and regulations, including incentives to encourage the state’s EV dream.

Kerala aims to boost its manufacturing units that focus on the drive and charging technologies and energy system and storage. These units will be able to avail the policy’s financial and regulatory benefits laid out specifically for industrial and IT segments. A fund is also underway to benefit manufacturers of multiple EV-related equipment.

Road tax exemption

Just like the Uttarakhand EV policy, the Kerala policy also exempts EV buyers from road taxes for the first three years. This has been adopted to ensure faster acceptance of the environment-friendly vehicles in the state.

EV incentives

The e-mobility policy offers an incentive of ₹30,000 or 25 per cent of EVs in the first year to purchase of three wheelers. It has mapped out Thiruvananthapuram, Kochi, and Kozhikode as zones for EV autorickshaws initially.

The Kerala State Electricity Board Limited (KSEBL) will be single-handedly looking into establishing charging stations and co-establish battery swapping stations jointly with Bharat Petroleum Corporation Ltd (BPCL). Around 20 charging stations and 150 swapping stations will be built initially in Trivandrum, Ernakulam, and Kozhikode.

Mobility State Level Task Force or e-MobSLTF has been established for the state’s e-mobility plan. This advisory committee will be monitoring the policy’s timely implementation.

Kerala has come up with 3 potential e-mobility zones – technology hubs, tourist spots and the 3 central districts of Trivandrum, Kochi, and Kozhikode.

- Advertisement -

Most Popular Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!

Exclusive

Crompton Greaves Starts Kitchen Appliance Manufacturing In Vadodara

0
This move aims to boost product quality and operational efficiency, enhancing the delivery of innovative, high-quality kitchen solutions to meet growing consumer demands. Crompton Greaves...

Advancing  Manufacturing Sector With New Refrigerator Plant

0
By incorporating advanced backward integration processes, this plant sets to redefine industry standards, promising improved efficiency and reduced environmental impact, while also boosting local...

EV Sales In India Fall Face First From March to April 2024

0
Electric Vehicle sales, across segments, have fallen short of the promise the sector was witnessing over the last few months. Despite the extension of FAME scheme for...

Buzz

Mahle Sells Thermostat Business To Admetos

0
The German Tier-1 major will keep selling thermostats in spares and accessories under the Mahle and Behr brands, managing them through the global Mahle...

Exicom Launches India’s Fastest DC Charger

0
kW Harmony Gen 1.5 DC Fast Chargers are compatible with a wide range of electric vehicles. Exicom, a company specializing in electric vehicle charging and...
Siemens and CSA

Siemens Limited Announces ₹1000 Crore Capex

0
In a statement, Siemens announced that it is expanding its factory operations in Goa to address the rapidly growing demand for essential industry components. Siemens...

Important Sectors

Pune Startup Gives Birth To New Two-Wheeler Form Factor

0
The logistics sector has become the biggest adopter of electric vehicles in India. However, in the two-wheeler space, the attrition rate due to physical...

Mahle Sells Thermostat Business To Admetos

0
The German Tier-1 major will keep selling thermostats in spares and accessories under the Mahle and Behr brands, managing them through the global Mahle...

Exicom Launches India’s Fastest DC Charger

0
kW Harmony Gen 1.5 DC Fast Chargers are compatible with a wide range of electric vehicles. Exicom, a company specializing in electric vehicle charging and...
Siemens and CSA

Siemens Limited Announces ₹1000 Crore Capex

0
In a statement, Siemens announced that it is expanding its factory operations in Goa to address the rapidly growing demand for essential industry components. Siemens...

Warehouse Automation Through Robotics: Shift It!

0
The design challenge encouraged members to create a robotics movement project with a specially provided challenger kit. Eelement14  has initiated a stimulating "Shift It! –...

Manufacturing

Siemens and CSA

Siemens Limited Announces ₹1000 Crore Capex

0
In a statement, Siemens announced that it is expanding its factory operations in Goa to address the rapidly growing demand for essential industry components. Siemens...

Atul Aggarwal Named New Managing Director Of Sterling Tools

0
In his new position, Atul Aggarwal, who serves as a whole-time director as well, will lead the company's expansion and development into new verticals. Sterling...
Sona Comstar

Sona Comstar’s 3-Pronged Global Strategy To Outperform China In EV Parts Supply

0
Sona BLW Precision Forgings (Sona Comstar) has adopted a three-pronged strategy: leveraging the protectionist policies of the US and Indian governments to exclude Chinese...

Nokia Collaborates With Dixon Technologies Unit For Telecom Production

0
Dixon Technologies Vice Chairman and Managing Director Atul B. Lall mentioned that the product development is nearing completion, and they expect to begin commercial...

EMotorad’s Gigafactory For E-Cycles Nears Completion

0
The gigafactory for the e-cycle manufacturer is under construction in four stages. This facility will produce various parts such as batteries, motors, displays, and...