Telangana govt introduces new EV policy with tax, registration exemption
In an effort to encourage people to switch over to Electric Vehicle(EV), the State government has decided to provide 100 per cent exemption from road tax and registration fees for Electric Vehicles (EVs) in the State. The new EV policy will come into force from Monday.
Hyderabad: In an effort to encourage people to switch over to Electric Vehicle(EV), the State government has decided to provide 100 per cent exemption from road tax and registration fees for Electric Vehicles (EVs) in the State. The new EV policy will come into force from Monday.
Speaking to the media on Sunday, Transport Minister Ponnam Prabhakar said the new policy was expected to give a major boost to the adoption of electric vehicles across Telangana, aligning with the State’s broader goals of environmental sustainability and energy efficiency. Along with the registration fee waiver for electric vehicles, the government plans to roll out infrastructure improvements, including more charging stations and incentives for manufacturers, he informed.
Electric Buses purchased and registered in Telangana for the initial two years, up to December 31, 2026, irrespective of the number of vehicles registered, are also fully exempt from road tax and registration fees for the entire life of the EVs, but must be operated by the Telangana State Road Transport Corporation only. Buses owned by any industry for the purpose of transporting their own employees exclusively are also exempted provided that these buses are not used for commercial purposes.
