Policy

How Andhra Pradesh's EV Policy is Accelerating Voltebyk's Growth

Policy Desk

Industry Analyst

•8 min read
How Andhra Pradesh's EV Policy is Accelerating Voltebyk's Growth

AP's progressive electric vehicle policies create a supportive ecosystem for startups like Voltebyk. Here's how state incentives are boosting local EV manufacturing.

Andhra Pradesh: India's Emerging EV Hub

The Andhra Pradesh government's proactive approach to electric vehicles is creating fertile ground for startups. As a Tirupati-based company, Voltebyk directly benefits from these progressive policies.

Key Policy Benefits for EV Manufacturers

  • Capital Subsidies: Up to 20% capital subsidy on fixed investments
  • SGST Reimbursement: 100% SGST reimbursement for 5 years
  • Power Tariff Benefits: Concessional power tariffs for manufacturing
  • Land Allocation: Simplified land allocation in industrial parks

Voltebyk's Policy Advocacy

As a leading voice in the state's EV ecosystem, Voltebyk actively engages with policymakers to advocate for charging infrastructure and skill development programs.

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