Research & Development
A dedicated facility shall be developed to house EV R&D centers by domestic and global EV Majors.
KARNATAKA’S strength in Technology domain shall be leveraged to provide quality manpower for such centers.
KARNATAKA EV PARK hub is also expected to attract global R&D activities on other emerging mobility trends such as connected and autonomous vehicles.
01
Centres of Excellence
State Government and KEVMDA to jointly partner with premier Technical Institutes and research establishments across the state to establishing Centers of Excellence.
This will encourage congenial environment for conducting market-focused research on Battery Technologies, battery management, motors, and controllers.
State Government shall support Industry participation and leverage GOI EV policy to provide grant to these centers.
02
STARTUP Support
The Government shall offer financial support to Start-ups for research and innovation in EV & Battery technologies.
Yearly awards shall be instituted to recognize breakthrough work in Battery Technologies in separate categories for OEM’s, ancillaries and start-ups
03
Automotive Prototyping Centre
ETo set up Recognized India’s largest Prototyping Centre, shall have a dedicated wing for prototyping of Electric Vehicle components/ assembly & battery.
Industry partnership in the same shall be invited from EV OEMs and large component manufacturers.
The facility shall serve start-ups and MSME units in the EV space at subsidized rates.
04
Electric Two Wheelers
100% exemption of road tax & registration fee for the 2 Wheelers purchased & registered within KARNATAKA.
05
Three-Seater Auto-Rickshaws
100% exemption of road tax & registration fee for Electric 3 Wheelers purchased & registered within KARNATAKA
06
Retro-fitment incentive
The retro-fitment cost capped per vehicle for 3 seater auto rickshaws in KARNATAK
07
Financing Institutions
Banks & NBFs shall be encouraged to provide a hire-purchase scheme at discounted interest rates.
08
Electric 4-Wheeler commercial passenger Vehicles (Taxi, Tourist Cabs, etc. )
100% exemption of road tax & registration fee for Electric 4-Wheeler commercial passenger Vehicles such as Taxi, Tourist Cabs, etc. purchased & registered within KARNATAKA
09
Light Goods Carriers - including Three Wheelers (goods)
Electric three-wheeler (goods), e-carriers as well as electric Light Goods carriers purchased & registered within KARNATKA state.
10
Private Cars
exemption of road tax & registration fee for the Electric 4-Wheeler private vehicles purchased & registered within KARNATAKA
11
Buses (Public transport, school buses & mini buses)
exemption of road tax & registration fee for the Electric buses purchased & registered within KARNATAKA
12
KSRTC BUSES
State Transport Units shall also be encouraged to purchase Electric buses as well as for conversion of buses.
13
Tractors
exemption of road tax & registration fee shall be applicable for electric tractors purchased and registered in the state of Karnataka
14
TOURISM BOATS & BOATS
exemption of road tax & registration battery operated tourism boats and commercial boats for fisherman to use for fishing.