The Policy provides the following demand side incentives to incentivize usage of Electric Vehicles purchased and registered within Telangana.
100% exemption of road tax & registration fee
2,00,000
100% exemption of road tax & registration fee
Retro-fitment incentive at 15% of the retro-fitment cost(capped at Rs. 15,000 per vehicle )
Financing Institutions shall be encouraged to provide a hire-purchase scheme at discounted interest rates.
2,00,000
5,000
100% exemption of road tax & registration fee
5,000
100% exemption of road tax & registration fee
10,000
100% exemption of road tax & registration fee
5,000
100% exemption of road tax & registration fee
State Transport Units shall also be encouraged to purchase Electric buses.
500
100% exemption of road tax & registration fee (as per the existing rules/guidelines applicable for tractors by Transport Department, Govt. of Telangana)