This South Indian State Becoming EV Manufacturing Hub...

A total of 40 per of electric vehicles sold in India between January and September were manufactured in Tamil Nadu, Ministry of Road Transport and Highways’s Vahan Dashboard data said. According to the data, a total of 10.44 lakh electric vehicles were registered with Road Transport Offices (RTOs) till September 20, of these, 4.1 lakh were manufactured in the state.

Ola Electric accounted for 1.75 lakh vehicles of the 4.1 lakh electric vehicles, TVS Motor (1.12 lakh) and Ather Energy (77,764) have been manufactured in the state. All the plants are located in Krishnagiri district.

According to the industries department, Rs 50,000 crore is expected to be invested in EV manufacturing by 2025, resulting in the creation of 1.5 lakh jobs.

Six Tamil Nadu Cities Identified To Become E-vehicle Hubs

According to a press release, the electric vehicles are going to become a focus sector which will pave the way for a revolution towards achieving sustainable development goals in Tamil Nadu.

The release said, the state, competing to become the world’s e-vehicle capital, has been working towards giving a big push to the EV ecosystem, which also includes manufacturing of batteries, and charging infrastructure, among others. It is leading the EV revolution in a range of sectors -- from manufacture of cars, buses, and two and 3-wheelers, electric vehicle cells and motors, to charging stations and upcoming future mobility parks.

Six cities including, Coimbatore, Tiruchi, Madurai, Salem, Chennai, Tirunelveli have been identified to develop as electric vehicle hubs. Some of the natural advantages that aid the sector include the vast availability of a highly competent, trained workforce, a wide network and supply chain of ancillary suppliers, and a vibrant auto and auto component manufacturing ecosystem.

According to the CBRE report released earlier this year, on a pan-India basis, total cumulative investment in EVs during the 2020-H1 2023 stood at USD 28.8 billion. Maharashtra and Tamil Nadu emerged as leaders in EV investments, each capturing a 15 per cent share – equivalent to USD 4.3 billion shares.