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

Get Electric Vehicle

  In this, we will explore whether the depreciation cost of EVs is the same as that of conventional vehicles and the basics of the factors involved in depreciation for any type of vehicle. It is a significant consideration for both personal and commercial vehicle owners, as it affects the resale value and trade-in potential.

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Optimizing Car Leasing Tax Advantages

Clean Fleet Report

This further reduces the overall cost of leasing a car for your business. Fuel Costs If your business covers fuel costs for leased vehicles, you can also claim tax deductions on fuel expenses. This includes not only the cost of fuel but also other related expenses, such as maintenance and repairs.

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How To Start an EV Charging Station in India?

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It will be equivalent to opening a petrol pump with unlimited and long-term business potential in India. EV charging station: How much does it cost? The operational costs of maintaining a business are also crucial to its survival. The introduction of charging stations is quickly transforming the Indian business landscape.

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Eco-Friendly Commuting: Discover the Best Indian Electric Scooters of 2024

Baua Electric

These electric scooters not only help reduce your carbon footprint but also save you money on fuel and maintenance. Additionally, electric scooters are cost-effective. With rising fuel prices, electric scooters provide a cost-saving solution as they require less maintenance and no petrol or diesel.

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How does leasing an electric car work?

Drive Electric

You can either put this through a company as a business lease, which means you can reclaim some or all of the VAT or take it on a personal contract. With a Business Contract Hire (BCH) or Personal Contract Hire (PCH), you’ll never own the vehicle you lease outright. Contract Hire. Contract Purchase. Availability issues.

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Debunking what you thought you knew about EVs

Drive Electric

From range issues to the cost of electric cars, read on as we debunk six of the most common electric car myths out there. Better still, EV running costs are much lower than their traditional counterparts. Even though electric vehicles (EVs) are more popular than ever, there are still several misconceptions that surround them.

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MG Motors Rolls Out its Smallest EV – Comet and They Make it in India

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Cost of the vehicle MG Motor India President and MD Rajeev Chaba say “As per our survey, people spend Rs. 5,000 a month for petrol. In addition to that, maintenance costs are also huge.” ” A person who drives 1000 km a month has to pay only 500 rupees if the vehicle is MG Comet EV.

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