Karnataka govt unveils revised draft EV policy, eyes Rs 50,000 crore investment over next 5 years

Bengaluru: The Karnataka government on Friday unveiled a revised draft Electric Vehicle policy (2023-28) which aims to attract Rs 50,000 crore investment while creating a job potential for one lakh people over the next five years.

“This proposed policy aims to transform Karnataka into a pioneering force in the field of electric mobility, embracing sustainable practices and equitable growth while fostering innovation and creating a robust ecosystem for EVs throughout the state,” Minister for large and medium industries and infrastructure development, M B Patil, said on the occasion.

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