The Tamil Nadu Electric Vehicles Policy 2023, released by Chief Minister MK Stalin on 14th Feb’2023, will provide capital subsidy for charging stations and battery swapping stations. It also mentions incentives for retrofitting and re-manufacture of EVs.
According to the policy, the TN government shall develop a road map to have TVs in public and institutional fleets operating in the State in phases. “The State shall endeavour to increase the share of electric buses to 30% of the fleet [operated by State Transport Undertakings] by 2030.”
The Government of Tamil Nadu has a vision of attracting Rs. 50,000 crore worth of investments in EV manufacturing, creation of 150,000 new jobs during the Policy period, and development of a robust EV ecosystem in the State.
The policy objectives are as follows:
a) Transform Tamil Nadu into the preferred destination for EV manufacturing in South-East Asia
(i) Develop robust infrastructure & industrial ecosystem to attract manufacturing units.
(ii) Create indigenous EV manufacturing value chains by attracting EV OEM & Component
manufacturers to establish units in the State.
b) Accelerate adoption of EVs in Tamil Nadu
(i) Provide initial impetus for early adopters of Electric Vehicles through special demand incentives. (ii) Develop charging infrastructure with favourable power tariffs through public/ private measures.
c) Enhance the development of the EV ecosystem in Tamil Nadu
(i) Develop industry-academia linkages to create a skilled workforce pool for EVs. (ii) Promote R&D and innovations in automotive and shared mobility. (iii)Promote the recycling industry to develop a circular economy in the State.
d) Develop EV Cities in Tamil Nadu
(i) Promote Chennai, Coimbatore, Tiruchirappalli, Madurai, Salem, and Tirunelveli as pilot cities for implementing e-mobility solutions.
(ii) Promote electrification of commercial and public transport fleets.