Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
News18 » Auto
1-min read

Tamil Nadu's Electric Vehicle Policy Makes It An Attractive Hub: Ather Energy

Tamil Nadu government's policies to remove road tax, provide subsidies and duty waivers, make the State an attractive hub for electric vehicle manufacturers.

PTI

Updated:September 19, 2019, 5:27 PM IST
facebookTwitterskypewhatsapp
Tamil Nadu's Electric Vehicle Policy Makes It An Attractive Hub: Ather Energy
Ather Energy (Image for Representation)

Ather Energy Co-Founder and CEO Tarun Mehta, on September 17, hailed the electric vehicle policy announced by the Tamil Nadu government, saying it would make the state an attractive hub for manufacturing EVs. "Tamil Nadu's electric vehicle policy has taken into account the entire EV ecosystem and is extremely comprehensive. Removing the road tax for end consumers will have a positive impact on the adoption rate of EVs in the state", he said in a release here.

The refunding of the state GST along with the plethora of other OEM (original equipment manufacturers) focused incentives make the state an attractive hub for the manufacturing, he said. The only aspect that requires more support was the charging infrastructure, he said, adding as the policy itself mentioned the area was a critical part of the ecosystem and needs to be addressed. "Fiscal support in the form of subsidies in the sector will go a long way to make Tamil Nadu a hub for electric vehicles", he said.

Greaves Cotton Ltd that owns Coimbatore-based Ampere Electrical Vehicles welcomed the policy announced on electric vehicles and said it was a great initiative. "With this, we inch a step closer to the dream of pollution-free, affordable electric vehicle mobility in the last mile. This will also open up a good avenue for e-commerce and shared mobility segment", the company said in a statement.

Seeking to promote electric vehicles, the Tamil Nadu government on September 16, had announced its policy for the sector offering a slew of sops, including investment subsidy and waiver of various taxes and duties.

Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, Telegram, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.

| Edited by: Chhavianshika Singh
Read full article
Next Story
Next Story

Also Watch

facebookTwitterskypewhatsapp

Live TV

Countdown To Elections Results
To Assembly Elections 2018 Results