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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

T E Narasimhan  |  Chennai 

Thomas Isaac
Kerala Finance Minister Thomas Isaac

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

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, said that by 2019-20, Kerala RTC buses will be replaced by electric buses.

will enjoy tax exemption and by 2022, about one million EVs will be running on the state's roads.

Isaac also proposed a Rs 12 crore to support the move towards EVs, and subsidy for 10,000 electric auto rickshaws.

First Published: Thu, January 31 2019. 13:56 IST