Andhra Pradesh Sustainable Electric Mobility Policy (4.0) 2024-29
The Andhra Pradesh Sustainable Electric Mobility Policy (4.0) 2024-29 provides comprehensive incentives to accelerate EV manufacturing, charging infrastructure, and adoption across the state. Key benefits include up to 35% investment subsidy for MSMEs, turnover-linked incentives up to 25% of eFCI for large units, 100% SGST reimbursement, and road tax exemptions for EV buyers. The policy is operative for five years from December 2024.
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