Andhra Pradesh Electric Vehicles Policy, 2022

Andhra Pradesh Electric Vehicles Policy, 2022

GOVERNMENT OF ANDHRA PRADESH
ABSTRACT
Industries & Commerce Department – “Electric Mobility Policy 2018-23” – Orders – Issued.
INDUSTRIES AND COMMERCE (P&I) DEPARTMENT
G.O.MS.No. 74 Dated: 08-06-2018 ORDER

1. Electric Vehicles also known as EVs, driven by high-density batteries or fuel
   cells, are becoming economical, fueled by falling prices of Lithium-ion batteries,
   increased research into fuel cells and cheaper renewable energy.

In this context, the Government of Andhra Pradesh has set for itself an
ambitious target to be one amongst the three best States in India by 2022, the
best State by 2029 and a leading global investment destination by 2050.

Accordingly, the Government of Andhra Pradesh has identified Electric Mobility
space to be robust growth driver in the years to come. It aims to be a
frontrunner in building a sustainable transportation infrastructure by promoting
Electric Mobility Ecosystem in Andhra Pradesh.

Government with a view to make Andhra Pradesh one of the major hubs for
electric mobility, hereby introduces “Electric Mobility Policy 2018-23” after
extensive consultations with stakeholders, Industrial Associations and Industrial
experts. This Policy aims to support every aspect of Electric Mobility and
accelerating adoption of Electric Vehicles that eventually lead to healthier
climate. The detailed policy document is appended at Annexure-I.

Under the Electric Mobility Policy, AMPGovernment approved the following benefits
covering the areas of (1) Manufacturing (2) Charging Infrastructure (3) Demand
Creation (4) Research and Development in order to make projects under these
areas viable.
4.1. Financial Support to Manufacturing Firms