Hyderabad: Transport Minister Puvvada Ajay Kumar on Saturday said the State government was extending subsidies to e-vehicle buyers. At the same time, necessary steps are also being taken to meet the requirements of the motorists to recharge their e-vehicles. The government was encouraging e-vehicle manufacturers in the State in a big way, the Minister said while participating in a round-table conference organised by the Ministry of Commerce and Industry in Goa.
“Use of e-vehicles is increasing in Hyderabad as many are evincing interest to buy them to reduce carbon emission levels. The number of e-vehicles has now gone up to 10,000 in the city as against 25 in 2016,” the Minister said. After New Delhi and Gujarat, Telangana was the third State to introduce energy storage policy, Puvvada further said.
The Minister explained that the government was giving 100 per cent tax exemption in road tax and registration to the first one lakh two-wheelers. He said a similar tax exemption was also given to 20,000 auto-rickshaws, 10,000 light goods vehicles, 5,000 electric cars and 500 buses.
“We are taking all measures to make Telangana a hub for e-vehicles and energy storage apart from attracting investments worth Rs 400 crore in the sector. Efforts are also on to generate employment opportunities for 1.20 lakh people by 2030,” he said. The government was also taking precautionary measures at each charging station for the safety of motorists, he further added.
Now you can get handpicked stories from Telangana Today on Telegram everyday. Click the link to subscribe.