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The Hindu
The Hindu
National
The Hindu Bureau

Karnataka expects revised EV policy to attract ₹50,000 crore investments

In a bid to create a robust electric vehicles (EV) ecosystem in Karnataka, the Karnataka government on Friday unveiled a revised draft EV policy (2023-28), which aims to attract ₹50,000 crore investment while creating job opportunities for one lakh people.

“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,” said M.B. Patil, Minister for Large and Medium Industries and Infrastructure Development.

The Minister said the government would soon convene a joint meeting of the Ministers of finance, energy, transport, and urban development to iron out common issues before launching the final E-mobility policy.

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