AP wants to convert all RTC buses to electric vehicles.

APSRTC currently operates about 7,000 buses in the state, which will be converted into EVs in a phased manner . Industry Minister Gudivada Amarnath said the state government has also decided to phase out all fossil fuel-based commercial fleets and logistics vehicles by 2030 .

Amaravati: The state government has decided to convert the entire fleet of APSRTC into electric vehicles.APSRTC currently operates about 7,000 buses in the state, which will be converted into EVs in a phased manner.Industry Minister Gudivada Amarnath said on Friday that the state government has also decided to phase out all fossil fuel-based commercial fleets and logistics vehicles by 2030.At an online conference with top CEOs of EVs, NREDCAP, our nodal agency for the promotion of EVs, announced a tender to purchase 1 lakh electric two wheelers for government employees.

They were also putting their efforts toward creating the right ecosystem for component manufacturing and battery cell manufacturing, in comparison to vehicle manufacturing units.He said the government is able to develop a special incentive for those companies that are promoting the recycling of batteries and the recycling of these minerals.He said that AP is India's first state to be part of the World Economic Forum on Shaping the Future of Transportation.He hoped that the summit would accelerate the adoption of electric vehicles in AP and also enhance the States' EV Strategy by including the industry voice, which would in turn act as a catalyst for enthusiastic EV players to start their factories and operations in AP, and that governments and governments are rapidly increasing their promises to create net-zero, environmentally conscious, and socially sustainable value chains.

According to NITI Aayog and the Rocky Mountain Institute (RMI), India's electric vehicle industry is expected to reach 50,000 crore (US$ 7.09 billion) by 2025.Chief Minister YS Jagan Mohan Reddy is aiming to tap the untapped investment potential, according to him.