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Telangana Offers 100% Tax Exemption on Electric Vehicles

Posted On : 18 November, 2024

New EV Policy to Promote Pollution-Free Transportation

The Telangana government has introduced a new electric vehicle (EV) policy to encourage eco-friendly transportation. Announced on November 18, 2023, this policy provides a 100% exemption from road tax and registration fees for all electric vehicles purchased and registered in the state. This exemption will remain valid for two years, until December 31, 2026.

Transport Minister Ponnam Prabhakar stated that the initiative, under Government Order (GO) 41, aims to make Hyderabad a pollution-free city. The exemption applies to a wide range of vehicles, including electric two-wheelers, four-wheelers, auto-rickshaws, light goods carriers, tractors, and buses.

Lifetime Benefits for Electric Buses

Electric buses owned and operated by the Telangana State Road Transport Corporation (TSRTC) will enjoy a lifetime exemption from road tax and registration fees. Additionally, buses owned by industries that transport their employees (for non-commercial use) will also be exempt for the next two years.

This policy highlights Telangana’s commitment to reducing vehicular emissions and supporting India’s broader sustainability goals.

Benefits Across Vehicle Segments

The exemption benefits a variety of EV segments:

  • Two-wheelers and Four-wheelers: Personal and commercial use.
  • Electric Auto-Rickshaws: Passenger and goods carriers.
  • Light Goods Vehicles: Supporting last-mile delivery.
  • Electric Tractors: Aiding agricultural modernization.
  • Electric Buses: Encouraging green public transport.

Telangana’s decision reflects its proactive approach to fostering green mobility and reducing the dependency on fossil fuels. This is expected to attract more EV manufacturers and buyers, boosting the state's green economy. Explore more about the electric vehicle ecosystem and connect with us by clicking here.

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