Karnataka proposes to offer 20 per cent subsidy on installation of EV charging stations

BENGALURU: The Karnataka government has proposed a subsidy of 20% or Rs 10 lakh, whichever is higher, to individuals willing to set up public charging stations for electric vehicles. An EV charging station costs between Rs 30 lakh and Rs 40 lakh. An official aware of the matter said the subsidy is likely to encourage people to invest in installation of EV charging stations, a step towards building the EV infrastructure that state capital Bengaluru lacks.

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