Reducing the cost of electric vehicles
Electric Vehicles India
DECEMBER 14, 2021
Electric vehicles are covered under Production Linked Incentive (PLI) scheme for automobile and auto components, which was approved on 15.09.2021 with a budgetary outlay of Rs. MoRTH issued a notification advising states to waive road tax on EVs, which in turn will help reduce the initial cost of EVs. for a period of five years.
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