Andhra Pradesh plans to attract investment of ₹30,000 crore in EVs manufacturing sector

Andhra Pradesh plans to draw in an investment of ₹30,000 crores and make 60,000 jobs within the electric vehicles (EVs) manufacturing sector, even as the government laid out an idea to introduce 10 lakh EVs by 2024.

The state said it planned to develop a holistic research and development ecosystem, together with manufacturing units, to propel EV growth within the Andhra.

The government presented its plans on EVs at a high-level (virtual) meeting convened by Niti Aayog on Tuesday.

A Centre for Advanced Automotive Research, together with organisations like ISRO, IISER and IITs, to foster advance research in chemical, mechanical, electrical and electronics engineering will soon be found out to drive the new EV policy.

A Centre for Advancement of Smart Mobility has also been proposed during a 100-acre site (location yet to be identified) with a test track for all new EVs and autonomous vehicles.

All the 11,000-odd buses of the general public sector AP State Road Transport Corporation are going to be converted into EVs by the year 2029.

AP Transport Principal Secretary M T Krishna Babu, Industries Director J V N Subrahmanyam and senior officials represented the state at the meeting attended by Niti Aayog CEO Amitabh Kant, Union Ministry of Road Transport and Highways Secretary A Giridhar and other top officials.

The government told Niti Aayog that it planned to end fossil fuel-based vehicles within the top four cities (Visakhapatnam, Vijayawada, Tirupati and Guntur) by 2024 and every one cities by 2030.

Plans were also afoot to put in one lakh (EV) charging stations by 2024.

The New and Renewable Energy Development Corporation of AP has entered into a memorandum of understanding with NTPC and EESL for development of charging infrastructure across the state, the officials told Niti Aayog.

They requested that the Centre extend support within the development of charging stations at prominent locations on National Highways.

They also sought support from the Centre for retrofitting EV kits to 2 and three-wheelers.

The AP government also sought the Centres support to line up swapping stations within the state.

A top official, who attended the meeting, said all government vehicles within the state would be converted to EV by 2024.

The state currently features a fleet of 9,001 battery electric vehicles (two-wheelers), 16,826 CNG and 971 BEV (three-wheelers), 8,208 BEV and 4,535 CNG (four-wheelers) and 313 CNG-run buses.

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