Uttar Pradesh Aims to Invest ₹400 Billion in the Next 5 Years for Electric Mobility

Around one million EVs are scheduled to be rolled out across all segment of vehicles by 2024

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Uttar Pradesh has launched its Electric Vehicle Manufacturing and Mobility Policy 2019 to promote the adoption of electric vehicles and supporting infrastructure in the state.

The state is allocating incentives for electric vehicle manufacturers through which it is expecting to create 50,000 new jobs.

UP is one of India’s largest consumer base with a robust automobile sector in place. The state has been the third-largest beneficiary of the Faster Adoption and Manufacturing of Hybrid & Electric Vehicles in India (FAME) program and has around 1,39,000 registered EVs, which is the highest in India.

Key Opportunities

The policy aims to attract investments of over ₹400 billion (~$5.55 billion) over the next five years in the electric mobility ecosystem. Other tenets of the policy involve a plan to launch 1,000 electric buses (Battery Electric Vehicle or Fuel Cell Electric Vehicle) and achieve 70% of electric public transportation along specific green routes in ten earmarked cities by the year 2030.

All commercial fleets and logistics vehicles will be phased out. Goods transportation is expected to be transformed into EV mobility by 50% in the ten identified EV cities by 2024. The ten cities include; Noida, Ghaziabad, Meerut, Mathura, Agra, Kanpur, Lucknow, Allahabad, Gorakhpur, and Varanasi. Noida is chosen as the pilot city for all the new mobility initiatives in the first phase until 2020.

Government vehicles, including vehicles under government corporations, boards, and government ambulances would be converted to electric vehicles by 2024.

Around one million EVs are scheduled to be rolled out across all segments of vehicles by 2024. The policy aims to involve the manufacturing units of high-density power storage of a minimum of 5 GWh capacities in the next five years. In terms of charging infrastructure, the plan is to establish around 200,000 slow and fast charging and swapping stations by 2024.

The capital city Lucknow is one of the ten cities identified for the pilot project of multi-modal electric public transport under FAME (Faster Adoption and Manufacturing of Electric Vehicles) program of the Indian government. The electric rickshaw market is growing rapidly in UP. The electric mobility transition in all segments is steadily underway due to various measures undertaken by the state government.

A few months ago, the Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) had issued an expression of interest to set up charging stations for electric vehicles in cities, highways, and expressways across the state.

Earlier this year, the Uttar Pradesh Electricity Regulatory Commission (UPERC) also approved the tariffs for electric vehicle charging in Uttar Pradesh.

Ramya Ranganath is an Associate Editor and Writer for Mercom Communications India. Before joining Mercom, Ramya worked as a Senior Editor at a digital media supply chain solutions company. Throughout her career, she has developed end-to-end content for various companies in a wide range of domains, including renewables. Ramya holds a bachelor’s degree in Mechanical Engineering from M.S. Ramaiah Institute of Technology and is passionate about environmental issues and permaculture.

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