Chennai: Seeking to promote electric vehicles, the Tamil Nadu government on Monday announced its policy for the sector offering a slew of sops, including investment subsidy and waiver of various taxes and duties.
Chief Minister K Palaniswami released the Tamil Nadu Electric Vehicle Policy 2019 which offered a number of incentives for the manufacturers to boost the eco-friendly vehicles.
“The Tamil Nadu Electric Vehicle Policy 2019 has been prepared to promote manufacturing of electric vehicles with a view to safeguard the environment and reduce air pollution,” an official release here said.