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Kerala to launch e-mobility fund, targets one million e-vehicles by 2022

State capital Thiruvananthapuram to switch over completely to electric buses next fiscal, subsidy for 10,000 autorickshaws proposed

Thomas Isaac
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We hope that proper implementation of the system could bring in full benefits of the new tax regime: Thomas Isaac, finance minister, Kerala

T E Narasimhan Chennai
Kerala is set to give a major thrust to electric vehicles, with the state government setting a target to have one million electric vehicles by 2022. The domain is also putting in place a Rs 12 crore e-mobility fund. 

The State Road Transport Corporation has also decided to make a complete switch to electric buses in Thiruvananthapuram, the capital, during the next fiscal. The state also said it will give tax exemption and subsidy to electric autorickshaws.

In his Budget Speech on Thursday, January 31, Kerala Finance Minister Thomas Isaac said that by 2019-20, Kerala RTC buses will be replaced

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First Published: Jan 31 2019 | 1:56 PM IST

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