Nepal new budget: removes tax hikes on EVs, waives renewal & road tax for 5 years
Electric Vehicles India
MAY 31, 2021
He said that electric SUVs were luxury items, and the government needed to increase revenue to fight the Covid-19 pandemic. But due to Khatiwada’s move spiked prices of electric vehicles by 120-140% which made them out of the market and less competitive when compared to the ICE vehicles.
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