POWER

Kerala’s EV sector revs up as registrations soar 64 per cent in 2020

Despite the high initial cost, environment-conscious Kerala is switching to electric vehicles (EVs) in a big way, thanks to more brands available in the market, lower taxes and increased awareness. The state witnessed a 64% increase in EV registrations in 2020 compared with the previous year, according to data from the central road transport and highways ministry. This compares with the 29.9% drop in overall vehicle registrations in the state over the same period.

As many as 1,321 EVs were registered in Kerala last year against 468 in 2019. Despite rolling out its electric vehicle policy, the state needs to cash in on the high demand for EVs by installing more charging stations. The state electricity board (KSEB), the nodal agency tasked with setting up recharge points, has been able to install only six — one each in Thiruvananthapuram, Kollam, Ernakulam, Thrissur, Kozhikode and Kannur — so far.

According to a transport department official, KSEB is waiting for people to buy more EVs fearing it would lose money if the response is poor.

“There is no delay on the part of the board in installing charging stations. Tender procedures for installing 56 stations have been completed and the tender for another 30-40 stations will be invited soon.

Source
ET Energy World
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