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TS policy fuels boom in sale of electric vehicles


TS policy fuels boom in sale of electric vehicles
Updated Mar 9, 2021, 7:34 am IST
Data obtained from the Road Transport Authority shows there has been an increase in sale and registration of EVs within the GHMC limits
 RTA data shows there are nearly 12,000 electric vehicles in GHMC limits at present. (DC file photo)
HYDERABAD: The state government’s newly-launched electric vehicle (EV) policy seems to be yielding results. Data obtained from the Road Transport Authority (RTA) shows there has been an increase in sale and registration of EVs within the GHMC limits.
The state government launched the TS Electric Vehicle and Energy Storage Policy in October 2020 to promote electric vehicles between 2020 and 2030. Under the policy, there will be 100 per cent exemption on road tax and registration fee for the first two lakh electric two-wheelers purchased and registered within the state. ....

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Electric vehicles: Tesla gears up to open first plant in Karnataka: Why has the pioneering EV automaker picked Bengaluru?


Updated Feb 16, 2021 | 12:36 IST
Given the headstart that Karnataka, and its capital Bengaluru, has taken in the EV race compared to other Indian states, Tesla s decision to locate here should not come as much of a surprise.
Tesla CEO Elon Musk.  |  Photo Credit: AP
Key Highlights
Bengaluru stands as one of the country s largest research and development hubs, already boasting R&D units of numerous automakers including Mercedes-Benz, General Motors, Continental, Bosch, Delphi, Volvo, Mahindra & Mahindra and Great Wall Motors
Karnataka was the first in the country to introduce a dedicated EV policy to encourage original equipment manufacturers, component producers and energy suppliers to set up shop in the state ....

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Mahindra, Ola and now Tesla: Karnataka is far ahead of other Indian states in the EV race


Representational image.
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Manjunath Kiran / AFP
A southern Indian state has established a clear lead in India’s electric vehicle journey.
Karnataka, home to India’s technology hub Bengaluru, has in recent years become a hotspot of EV businesses. The state houses some of the most prominent firms involved in EV and EV ancillary manufacturing, including Mahindra Electric, Ather Energy, Ola Electric and Bosch.
Earlier this month, one of the world’s most popular EV makers Tesla marked its entry into India by incorporating a company called Tesla India Motors and Energy in Karnataka’s capital city Bengaluru.
Karnataka’s success, experts say, is the result of the state government’s policy to engage directly with stakeholders. After all, Karnataka was the first state in the country to introduce an EV policy. ....

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