In an effort to makeAndhra Pradeshan e-vehicle hub, thestate governmenthas formulated a scheme with funding support from centralgovernmentagencies to supplyelectric two-wheelersto thegovernment employeeson EMI basis.
These e-vehicles would come with a full charge range of 40 to 100 kilometres with three years annual maintenance. The amount can be repaid within 24 to 60 months with zero from the State Government.
The government is allocating 500 to 1,000 acres of land for developing EV Parks with plug and play internal Infrastructure, common facilities and necessary external infrastructure. About 50% financial assistance would be provided on fixed capital investment to developers of auto clusters and automotive suppliers manufacturing centres (ASMC) specific to EVs. Financial incentives would also be given to private charging stations, and hydrogen generation & refuelling infrastructure. Srikant added that the state government has already created a separate sub-category for electric vehicles and the electricity tariff is fixed at Rs 6.70 per unit without any demand charges to promote use of EVs.