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Old 17th September 2019, 12:16   #16
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Default Re: Tamil Nadu unveils aggressive EV policy! Subsidies for manufacturers, tax exemptions for consume

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Originally Posted by GTO View Post
to Tamil Nadu! Am sure that Hyundai also had a lot of lobbying to get this into effect. After all, it's the biggest car manufacturer out of Tamil Nadu & the Koreans have a long line-up of EVs planned for India.
Its not just Hyundai, The Chennai based Sun-Group + Chetan Maini+ Ashok Leyland are aiming to be a big player in the battery swappable commercial vehicle segment. Also add Mahindra's research centre in Mahindra World City. Mahindra Electric is located 10 km from the TN border, won't take much to literally push it over the edge!
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Old 17th September 2019, 12:18   #17
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Default Re: Tamil Nadu unveils aggressive EV policy! Subsidies for manufacturers, tax exemptions for consume

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And some proposals sound too good to be true: capital subsidy of 15-20%, seriously. I seem to recall TN having trouble fulfilling their tax return commitment to Nissan.
You are absolutely right but at least the state government's intent is clear and encouraging. Since they also got this much serious about a policy for the first time, hence got carried away without working out the feasibility of their proposal. And also it might help in encouraging other state governments or perhaps even the center to move on similar lines. In fact it might just spur a competition of sorts between them to attract investments and to appear pro-ecology which might prove very beneficial to all.

All we needed was someone to initiate and we got that!!

Last edited by bmw_lover : 17th September 2019 at 12:27. Reason: missed a point.
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Old 17th September 2019, 12:36   #18
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Default Re: Tamil Nadu unveils aggressive EV policy! Subsidies for manufacturers, tax exemptions for consume

Chennai is also one of the first few cities in India to Introduce a fully electric Air Conditioned bus in one of its busiest routes for a base fare of Rs. 11/-. It has a range of 50kms per charge and battery must be swapped at the depot. The bus costs about Rs. 1.5 to 2 crores.

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Old 17th September 2019, 20:19   #19
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Default Re: Tamil Nadu unveils aggressive EV policy! Subsidies for manufacturers, tax exemptions for consume

Wow, great work!
I hope they don't end up creating more deficit and then generating power using thermal power stations.
According to wiki there is deficit of 11% -
Due to the astronomical increase in energy demand in recent years, the state has a power deficit which is estimated to be approx. 11.9% as of Feb 2009. To meet the ever-increasing energy demand, TNEB has proposed a number of next-generation projects to be constructed over the next 5 years.
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Old 18th September 2019, 08:36   #20
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Default Re: Tamil Nadu unveils aggressive EV policy! Subsidies for manufacturers, tax exemptions for consume

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Wow, great work!
I hope they don't end up creating more deficit and then generating power using thermal power stations.
According to wiki there is deficit of 11% -
Due to the astronomical increase in energy demand in recent years, the state has a power deficit which is estimated to be approx. 11.9% as of Feb 2009. To meet the ever-increasing energy demand, TNEB has proposed a number of next-generation projects to be constructed over the next 5 years.
That wiki data is from a decade ago(2009 not 2019). Almost every state has surplus power now. At the national level there is more than 7,000 MW of surplus power and most of the thermal stations are running at very low capacity due to low growth in demand and huge renewable capacity being added in the last 4-5 years by many states.

People can check the India power demand and generation stats in the blow official link. Its available for all the states as well.
http://www.vidyutpravah.in/
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Old 18th September 2019, 09:23   #21
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Default Re: Tamil Nadu unveils aggressive EV policy! Subsidies for manufacturers, tax exemptions for consume

This will sure promote revenue and labor, those who are related to the Industry directly and indirectly will sure benefit to a good extent.

In reality most of the cars in India are less than 10 lacs, less than 1500 CC engines and are the highest in volume and relatively high contributors for pollution, rule should have been to tap this segment and should be restricted to this class or say less than 10 or 15 lac ex showroom vehicles. Only then there'll be more EV's on Indian roads else this will purely be another China, build in country export everywhere.

With this rule there'll only be more of assembly units of premium brands like JLR, Audi, Merc and more advantageous to existing players like Ford, BMW, Hyundai and Renault Nissan, however the price band will no were be reachable to average Indian. Those who can afford will have some saving and the average Alto, Swift & I10 owner will still struggle on fuel cost. And pollution is unlikely to come down any sooner.

Last edited by Living2Drive : 18th September 2019 at 09:37. Reason: Spelling mistake
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Old 18th September 2019, 12:51   #22
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Default Re: Tamil Nadu unveils aggressive EV policy! Subsidies for manufacturers, tax exemptions for consume

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Originally Posted by CrAzY dRiVeR View Post
Tamil Nadu CM was in the US last week visiting Tesla plant and battery-making units in the U.S. The CM said -
There were innumerable memes about this and in fact, he was not able to pronounce SanFrancisco at the press meet. In my opinion, he has done his job well.

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to Tamil Nadu! Am sure that Hyundai also had a lot of lobbying to get this into effect.
Hyundai is very close to both governments.

Last edited by RGK : 18th September 2019 at 12:59.
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Old 18th September 2019, 16:29   #23
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Default Re: Tamil Nadu unveils aggressive EV policy! Subsidies for manufacturers, tax exemptions for consume

That's a good policy to start.

As an example, prices of Ather in Chennai is around ~₹8500 more than Bengaluru. ~₹3000 of that is the slightly higher Ex-showroom price and the remaining ~₹5500 is the road tax (EV Road tax has been 0 in Karnataka). With this policy, The Ather prices will reduce by ₹5472.

While the price of the vehicle is art of it, what's good in TN policy is that it promotes OEMS manufacturing EVs by giving them benefits.
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