TN unveils EV policy, aims to attract investments worth ₹50,000 cr

Tamil Nadu CM MK Stalin has released the Electric Vehicle (EV) Policy 2023 with an aim to attract investments worth ₹50,000 crore and generate 1.50 lakh jobs. Under the new policy, the state government will provide a 100% exemption of road tax on EV battery-operated vehicles, including private cars. The policy shall be valid for a period of five years.