TS policy fuels boom in sale of electric vehicles

INSUBCONTINENT EXCLUSIVE:
HYDERABAD: The state federal government's newly-launched electrical automobile (EV) policy seems to be yielding results
Information acquired from the Roadway Transport Authority (RTA) shows there has been an increase in sale and registration of EVs within the
GHMC limits.The state federal government introduced the TS Electric Lorry and Energy Storage Policy in October 2020 to promote electric cars
between 2020 and 2030
Under the policy, there will be 100 per cent exemption on roadway tax and registration fee for the very first two lakh electrical
two-wheelers bought and signed up within the state
EV owners have currently availed rewards worth Rs 39 lakh under the policy.RTA information reveals there are nearly 12,000 electric
automobiles in GHMC limits at present
Most of these are two-wheelers
Of them, 5,000 are battery-operated, 5,000 hybrid diesel-electric, and 2,000 hybrid petrol-electric lorries
605 of the automobiles have actually been offered and signed up in February alone.Prior to the unveiling of the policy, there were only 25
battery-operated vehicles in GHMC limitations till 2017
The number has actually now increased to 5,000
Lorry sales in 2020 got affected due to Coronavirus pandemic, 1,360 electrical cars were still offered
For catering to increasing variety of electric cars, union ministry for heavy markets and public enterprises has decided to soon establish
118 EV charging stations throughout the city.