Tamil Nadu will by 2025 get around Rs 50,000 crore as investments in the electric vehicle (EV) sector, generating around 150,000 jobs, said a senior minister on Tuesday.
The investments will help the state in achieving its sustainable development goals, said T R B Rajaa, minister for industries, investment promotion, and commerce.
EV companies contributing to large-scale production in Tamil Nadu include Ola Electric, TVS Motor, Ather in Krishnagiri, Ampere Vehicles (Greaves Electric) in Ranipet, BYD India in Kancheepuram, Stellantis (PCA Automobiles) in Tiruvallur, and E-Royce Motors in Coimbatore.