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Reducing the cost of electric vehicles

Electric Vehicles India

Reducing the cost of electric vehicles. 10,000/KWh with an increase in cap from 20% to 40% of the cost of the vehicle from 11th June 2021, thus enabling the cost of Electric two-wheelers at par with that of ICE two-wheeler vehicles. The demand incentive for electric two-wheelers has been increased to Rs. 15,000/KWh from Rs.

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UP stands firm on hybrid car tax waiver: Report. What effect will it have on EVs

Baua Electric

By: HT Auto Desk | Updated on: 13 Aug 2024, 11:00 AM Uttar Pradesh has been one of the the main contributors when it comes to sales for India's automotive market. In July 2024 the state introduced a tax … Uttar Pradesh has been one of the the main contributors when it comes to sales for India’s automotive market.

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Is the Depreciation Cost of Electric Vehicles the Same as Conventional Vehicles?

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With the increasing popularity and adoption of electric vehicles (EVs), many prospective buyers are curious about the overall costs associated with owning an EV. One crucial deciding factor in countries like India, is the depreciation, as it directly impacts the resale value and long-term financial implications of owning a vehicle. 

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EV Dealership Opportunities In India

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As India is gearing up for its Ev revolution, it would be wise to start an EV dealership in the country and you can have an edge over when the industry scales and the market of EVs grow over the years. India sold 7.6 Customers would receive income tax rebates of up to Rs 1.5 What Do The Figures Say? lakh over the loan period.

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Hybrid hype: types, tech, and the road ahead

Baua Electric

In India, around 23 hybrid cars are available, ranging from the Maruti Suzuki Ertiga to the Lamborghini Revuelto. Maruti Suzuki introduced mild hybrids in India in 2015 with the launch of the Ciaz diesel with SHVS. As a result, less fuel is burnt, and the fuel economy improves. The engine never truly powers the wheels.

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Car more than 15 years old? State govts announce discounts for scrapping; 5 things to know about how to scrap an old car – ET Auto

Baua Electric

Then you should know that 21 states and union territories (UTs) are offering up to 25% discount on personal vehicle price or road tax for customers who scrap their old vehicles and buy a new one, stated a Times of India news report. The tax can be up to 50% of your road tax and is based on the pollution level in your state.

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Tata Motors posts record revenue and profit for FY24 | Autocar Professional

Baua Electric

million vehicles with the ramping up of production at JLR and India passenger vehicle business. The remaining comes from the commercial vehicle business — around 18% and the India passenger vehicle business — 12%. The remaining comes from the commercial vehicle business — around 18% and the India passenger vehicle business — 12%.