Tamil Nadu government is analyzing the possible locations, including Chennai, Coimbatore, Hosur and other southern cities in order to develop electric vehicle (EV) and component factory clusters. The industrial corridors near Chennai and Coimbatore have been formed as an ideal location to push auto makers towards electrical vehicles.
The analysis is made by looking for the basic parameters such as Power accessibility, water and other necessities available near the locations. The state’s industrial promotion corporation is preparing a detailed project report on this, the most suitable location for the EV park and all the related tenders are expected to be announced in February 2020.
The state government had announced that the deals worth nearly Rs 120 crores in the electric vehicle and component manufacturing industry involving the setup of manufacturing ventures by german group mahle Electric and Japan’s Nissei. The Tamil Nadu government is looking at the EV Park as an opportunity to ensure that the state builds a new technology ecosystem similar to the network created in the 90’s that attracted various car manufacturers like Hyundai, Ford and Nissan. Said by the officials of the State. The government is looking forward to implement a public private partnership model of infrastructure development and also hopes to encourage the plug and manufacture type of factories.
They have also cut down the sub leashing charge to help the industries that are having larger and unutilized factory infrastructure to do business without incurring much as a payment for the government. Until now the Hyundai has committed to invest more in its manufacturing plant near Chennai in the manufacturing of its fully electric Kona. The state government’s electricity board is expected to fix a
tariff for commercial EV charging service providers. As a first step, a charging point is set up in one of the stations of The Chennai metro in the city.
The state government officials are expecting a Niti Aayog policy draft to be released that can boost the interest of EV investors and to attract more automakers who want to transform to electric vehicles.