The Telangana government on Saturday announced the long awaited Electric Vehicle(EV) policy. To promote electric vehicle usage, the Telangana government has rolled out a 10 year EV policy where it plans to attract investments of more than $4 billion. The EV policy says that the State will be offering 100 per cent exemption of road tax and registration fee on electric vehicles purchased and registered in the state. Telangana became the third state to adopt a comprehensive EV policy after Gujarat and Delhi.
According to the State Electric Vehicle and Energy Storage Policy, all the electric vehicles will be applicable for this offer only if they are purchased and registered within the state. The policy was launched by Telangana Ministers KT Rama Rao and Ajay Kumar which will be effective from 2020 to 2030.