All you need to know about Tamil Nadu EV Policy
The support measures announced in the Tamil Nadu EV policy include 100 per cent road tax exemption for all types of EVs, capital subsidies, reimbursement of State GST, subsidy on land cost and special incentives for job-creating EV projects.
The policy envisages a dual role for the state- as an enabler in promoting private investment in charging stations, and also an investor on a public-private partnership model through state agencies.
State government offices in Chennai, Salem, Madurai, Trichy, Tirunelveli and other places will have charging stations.
For private electric car owners, the current road tax exemption will be enhanced from 50% to 100%.
Private charging services providers are encouraged by the state to opt for renewable power sources like solar power units, for their power requirements, for which supply will be provided on a "preferential basis" with no connection costs.
Under the new EV policy, the major cost saving as part of the on-road price package will be on insurance, as the State government offers 100 per cent road tax exemption and there will be waivers on registration fees under the Central government’s policy.
Electric vehicle manufacturers, components for the vehicles, batteries and producers for charging infrastructure who invest over Rs 50 crore and create at least 50 jobs stand eligible for total SGST (State GST) refund on their sales till the end of calendar year 2030. In case where SGST refund is not applicable, the state is offering a 15% capital subsidy on investments made in Tamil Nadu till the end of 2025.
The policy also envisages electricity tax, stamp duty exemptions and subsidies on land for factories - the subsidy is as high as 50% should the manufacturer go for a plant in the southern districts. In other districts it is just 15 per cent.
Building and construction laws will be amended to integrate provisions for charging infrastructure in the construction of apartment complexes and gated communities.
The state has set up a steering committee comprising top bureaucrats across departments to monitor the implementation of the policy, with the industries department as the chief node for implementation.
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