Tamil Nadu’s EV Industry Surpasses $5 Billion in Exports

• admin
• May 25, 2025
• Automobile, Economy, Tech & Innovation
• EV, Exports
• 0 Comments

A Milestone in India’s Electric Mobility Revolution

Tamil Nadu has emerged as a frontrunner in India’s electric vehicle (EV) revolution, achieving a remarkable milestone with EV exports exceeding $5 billion. This accomplishment highlights the state’s strategic focus on electric mobility and its burgeoning role as a global hub for EV manufacturing.

Key Drivers of Success

• World-Class Manufacturing Ecosystem:
  • Tamil Nadu houses 20+ EV manufacturing units and over 40 component suppliers, making it a hub for end-to-end EV production.
  • Leading global EV brands like Ola Electric and Hyundai have invested heavily in state-of-the-art facilities within the region.
• Policy Support:
  • The Tamil Nadu EV Policy 2023 offers incentives such as 100% exemption on electricity tax for five years and subsidies for battery manufacturing and recycling units.
  • ₹500 crore has been allocated to strengthen EV charging infrastructure across urban and rural areas.
• Export-Oriented Growth:
  • With strategic ports and logistics infrastructure, Tamil Nadu efficiently exports EVs and components to over 50 countries, including the USA, Germany, and Japan.

Economic and Environmental Impact

• Employment Generation:
  • The EV industry in Tamil Nadu has created over 50,000 direct jobs, with a focus on skilling youth for advanced manufacturing roles.
• Sustainability Boost:
  • By fostering EV adoption and exports, Tamil Nadu contributes to reducing global carbon emissions, aligning with India’s net-zero targets for 2070.

Looking Ahead

• Investment Surge:
  • Tamil Nadu is targeting $10 billion in EV exports by 2030, with plans to attract ₹1.5 lakh crore in new investments over the next decade.
• Innovation Focus:
  • Upcoming EV research hubs in Chennai and Coimbatore will prioritize battery efficiency, green manufacturing, and AI integration.

For More Information:
Visit the Tamil Nadu EV Policy Portal for detailed updates on incentives and export trends.

This milestone cements Tamil Nadu’s reputation as a trailblazer in electric mobility, combining innovation, sustainability, and economic growth to drive India’s EV success story.