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Investor Presentaiton

Key Highlights of States EV Policy Andhra Pradesh 1,000,000 EVs by 2024 Celebrate "green days" to create awareness among public 100% electrification of buses by 2029 (first phase in four targeted cities to be completed by 2024) 2 Bihar Electrification of rickshaws a priority Convert all paddle rickshaws to e-rickshaws by 2022 3 Delhi Pollution cess on existing diesel cars and sale of new petrol/diesel vehicles Prioritize 2Ws, 3Ws, buses and cabs 50% e-bus in public transport by 2023 Scrappage and deregistration incentives for high- polluting vehicle categories Common mobility card payment system for energy operators and battery-swapping operators 4 Gujarat Subsidy of INR 12,000 & 48,000 for a battery-operated e2W and e-rickshaw (3W) Government aims to provide subsidy support to students studying above Class 9 to purchase two-wheelers Financial assistance of INR 50 lakh to set up charging infrastructure Opo 000 D States with draft or final EV policy 5 Karnataka Olectra (A Group company of meil) Policies focused on manufacturing and battery storage Create a secondary market for batteries Venture capital fund for e-mobility start-ups Retrofitment for existing 3Ws 6 Kerala 1 milion EVs on road by 2022 6,000 e-buses in public transport by 2025 EV component manufacturing a priority Viability gap funding for e-buses and government fleets O D 7 Maharashtra Manufacturing hub for EV and EV components Package schemes of incentives for MSMEs and large manufacturing units 8 Tamil Nadu Manufacturing-focused: aims to attract INR 50,000 Cr ($7 billion) of investment in EV manufacturing and create 1.5 lakh new jobs 50% capital subsidy on land if the investment is in southern districts (15% for other regions) Priority vehicle categories: e-2Ws, e-3Ws, taxis, public transport (e-bus), e-commerce and logistics fleets and institutional vehicles One-time reskilling allowance for every employee working with EV manufacturing units Special number plate for EVs 9 Telangana Priority vehicle categories: shared mobility, public transport, institutional transport vehicles Retrofitment for passenger vehicles, auto rickshaws, e-rickshaws 10 Uttarakhand Manufacturing-focused policy 500 e-buses by 2030 11 Uttar Pradesh Focused on manufacturing of EV, EV components and batteries Target 2024: 2 lakh charging (fast, slow and swapping) stations; Target 2030: 10 lakh EVS on road across all categories and 70% of public transport to be electric Start-up and innovation programmes Source: Federation of Automobile Dealers Associations (FADA)
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