The GST Council has also approved exemption from GST on hiring of electric buses by local authorities to popularise electric mobility as a means of public transport, in addition to reducing GST on electric vehicles and EV chargers ...
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Electric Vehicles
Electric Vehicles
Out of 100, two charging stations have already been installed in Noida in sector 63 and at gate number 2 of Noida Electronic City metro station, and will be in operation within a week ...
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According to The Energy And Resources Institute (TERI), while electric vehicles are environment-friendly and the running cost of these vehicles is cheaper, the EVs have not become popular in the country yet ...
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Along with launching Electric SUV Kona, the South Korean carmaker Hyundai Motor Company has announced an investment of more than Rs.2000 crore in India for developing affordable passenger e-cars to make electric vehicles popular among masses and build charging infrastructure for the same ...
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The Ministry of Environment, Forest and Climate Change (MoEF&CC) has procured five electric cars for official use ...
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In her budget speech, Finance Minister Nirmala Sitharaman proposed policy measure like reducing GST, removing custom duties on some components and income tax exemption to make electric vehicles cheaper ...
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To boost electric mobility, the central government has announced tax benefits for buyers and manufacturers of electric vehicles in this year's budget, which according to the electric vehicle (EV) industry sends a clear signal that EV manufacturing is the next big thing in the government’s vision ...
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While government says electrification of vehicles will be helpful in providing energy security and improving environment, industry bodies and manufacturers argue that the industry is currently facing multiple challenges in transition in terms of technology, manufacturing capability, infrastructure and finances ...
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GST Council May Reduce Tax On Electric Vehicles And Their Components To Push Manufacturing And Sales
Replying to a question in Lok Sabha, Minister of State for Finance Anurag Thakur said that during its next meeting, Good and Service Tax Council may consider reducing tax on electric vehicles, which are considered as more environment-friendly than the fossil-fuel burning vehicles ...
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According to the Bus Operators Confederation of India, currently 90 per cent of 19 lakh public transport buses in the country are running on diesel ...
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In its budget wish list, the electric vehicles industry expects the central government to increase financial assistance to the manufacturers and raise government subsidies on purchase of EVs to push sales ...
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Installed by BSES Rajdhani Power Limited in the collaboration with Gensol Charge Pvt Ltd and Techperspect, the Blue Smart Charge station has a capacity of charging two electric vehicles (EVs) simultaneously ...
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