India has been stressing on the adoption of Electric Vehicles over the past few years. To promote adoption, several policies have been developed to encourage manufacturers of batteries and other EV components. In this article, we look at the Andhra Pradesh government’s EV policies.
With the ambition of becoming the global hub for electric mobility development and manufacturing by 2029, Andhra Pradesh has developed an EV policy to promote innovation in next-generation battery technologies, EV powertrains and provide a skilled workforce to fulfil the needs of the EV ecosystem. The state aims to have 1,000,000 EVs on the road by 2024.
Also read: Indian Government Initiatives for Electric Vehicles
Andhra Pradesh EV policies
Also read: Cost for setup Electric Vehicle Charging Station in India
The state also plans to celebrate ‘green days’ in the state capital and other activities to promote electric vehicles.
The Andhra Pradesh government has laid out these policies to give the EV industry in India a much-needed boost. So if you are looking to make an investment in the state, investing in the EV industry won’t be that bad an idea.
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