MENU × BUSINESS
Banking And InsuranceCryptocurrencyDigital MarketingErpFood And BeveragesHealthcareLegalMarketing And AdvertisingMedia And EntertainmentMetals And MiningOil And GasRetailTelecom
TECHNOLOGY
Artificial IntelligenceBig DataCloudCyber SecurityE CommerceEducationGaming And VfxIT ServiceMobileNetworkingSAPScience And TechnologySecuritySoftwareStorage
PLATFORM
CiscoDatabaseGoogleIBMJuniperM2MMicrosoftOracleOracleRed Hat
LEADERSHIP
CEO ReviewCompany Review
MAGAZINE
ASIA INDIA
STARTUPS CLIENT SPEAK CONTACT US

The Silicon Review Asia

Telangana government to introduce new policies for Electric vehicles

Telangana government to introduce new policies for Electric vehicles

The State government of Telangana with an ambitious plan of making the State the electric vehicle (EV) capital and the energy storage systems manufacturing hub of India, is formally launching the new electric vehicle policy. The policy will be formally launched by IT and Industries Minister KT Rama Rao, along with Transport Minister Puvvada Ajay Kumar, at the Telangana EV summit to be held on Friday at the MCRHRD institute.

The orders stated that rapid growth in urbanization and surge in the number of vehicles has led to an immediate need for a sustainable model for personal and public mobility in urban centres to address the rising pollution and mobility costs. Electric vehicles have emerged as one such mobility solution that hold the best promise in terms of sustainability and mass adoption, with its pace of technology advancement and cost rationalization.

Incentives will be made available for manufacturing of EVs, energy storage systems and related components in Telangana, and they shall include capital subsidies, SGST reimbursements, power tariff subsidies, etc. Incentives will also be given for two, three and four-wheelers, light commercial vehicles, shared transport and public transport, and shall include waiver on road tax and registration charges.

YOU MAY ALSO LIKE

Marketing Partnership: NBA, McDonald’s Will Jointly open NBA Experience Zones India

There is good news for all basketball fans in India. Very soon, NBA themed promotions and experience zones will be launched in India. The announcement...

Dunzo to Raise Funds from Google, others

Dunzo, the app which is trying to make life easier for the people upto some extent plans to raise about Rs. 183 crore from different investors which a...

Sapta Shakti Command Will Be Displaying Defence Technology Equipment at Jaipur Military Station

This event is organised with an aim to provide an opportunity where one and all can experience the developments in the field of defence and security-r...

Samsung is All Set to Roll out Its Galaxy A9 Smartphone On November 20

After Samsung unveiled its new Galaxy A9 smartphone in Singapore last month, the company is all set to launch it in India on November 20. In Singapore...

RECOMMENDED