The State government is planning to take the lead in the country by launching one lakh Electric Vehicles (EVs) which is expected to create over 1.05 lakh jobs. The Energy Efficiency Services Limited (EESL) has agreed to invest Rs. 2,000 crore per year for one lakh e-cars.
According to a press release by the State Energy Conservation Mission CEO A. Chandra Sekhar Reddy, the EV project is aimed at transforming the State into the country’s electric mobility hub. It is estimated that the driving cost (electricity only) of electric vehicles is Rs. 0.89 per km against Rs. 4.40 per km for conventional (fuel) vehicles.
Chief Minister N. Chandrababu Naidu has directed the Energy Department to prepare a comprehensive action plan to lease and use the one lakh EVs in a phased manner. The idea was to make all government departments to use EVs and expand it to the private sector later.
Energy Minister Kala Venkata Rao told the Energy Department to take steps for rolling out the project over the next couple of years.
Principal Secretary (energy) informed the CM that a meeting with EV and battery manufacturers, technology providers and government departments would be conducted in the 3rd week of March to work out the modalities. Since the energy source is cleaner and cheaper than oil even when the electricity comes from coal-dominated grid, priority is being given to EV as the preferred mode of transport.