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Karnataka Pulls Plug On EV Tax Incentives For Models Above Rs 25 Lakh
The government of Karnataka has rolled out a new lifetime tax policy for vehicles, moving away from the previous model that required annual payments.
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Maharashtra EV Policy 2025: Up To 15 Percent Subsidy On EVs, Zero Toll On Highways
Maharashtra cabinet approves EV Policy 2025 and offers subsidies, toll waivers, and infrastructure boost to cut pollution. Read along for details.
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Maharashtra Scraps Six Percent EV Tax Plan to Boost Adoption
Maharashtra has dropped a 6 percent sales tax proposal on EVs priced above $35,000 (roughly Rs. 30 lakh) to boost adoption in India, where EV sales remain low at 2 percent of four million cars sold last year. Chief Minister Devendra Fadnavis cited unnecessary disincentivisation, while the federal goal aims for 30 percent EV adoption by 2030.
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US Said to be Eyeing Zero Tariff on Cars in India Trade Deal as Tesla Entry Nears
Taxes on cars imported into India are as high as 110 percent, which Tesla chief Elon Musk has criticised as being among the steepest in the world. The EV giant last year shelved its plans to enter the world's third-largest car market for a second time.
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Tesla Said to Have Finalised Mumbai’s BKC for Its First Showroom Ahead of India EV Market Entry
Elon Musk’s Tesla has finalised the location for its first showroom in India, according to a report. It is said to have leased a space in Mumbai’s Bandra Kurla Complex, also known as BKC ahead of the company’s anticipated foray into India’s electric vehicle (EV) space. For years, the EV maker faced hurdles related to localised factory inves...
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Amid Trump Tariff Threats, India Cuts Import Duty On American Bikes, Cars In Boost To Harley And Tesla
India has significantly slashed customs duties on high-end motorcycles, cars and smartphone parts, a move that seems to give a boost to American companies like Harley-Davidson, Tesla and Apple.
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Debunked: Increased Tax On Used Small Cars, EVs To Not Impact Individuals
In a recent development, the GST Council of India has increased the GST on small used cars and EVs from 12 to 18%. Here's how it will affect buyers.
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GST Council Increases Tax On Used EV Car Sale By Business
The goods and services tax council on Saturday decided to levy an 18 per cent GST on margin value on the sale of used electric vehicles by businesses and agreed to keep jet fuel (ATF) out of the 'one-nation-one-tax' regime.
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Telangana EV Policy 2024: Here's Everything You Need to Know
Telangana's new EV Policy 2024, announced by Minister Ponnam Prabhakar, offers 100% road tax and registration fee exemptions for EVs until 2026, removing previous caps on eligible vehicles. This move, alongside plans for better charging infrastructure and phasing out diesel buses, supports Hyderabad's goal of reducing air pollution. Citizens are ur...
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EU-China EV Tariff Dispute: Beijing Requests Automakers To Stop Expanding in Europe
China is putting demand on its automakers to halt expansion in the European union (EU) due to the increasing conflicts over Electric Vehicles (EV). A hold on active searches is demanded by China. This tension rose when customs taxes levied by the European Union increased significantly
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Karnataka Plans Tax Waivers for Hybrid Cars, Incentives for EVs
Karnataka plans to cut levies and offer financial incentives to companies in the clean mobility sector, including a steep tax cut for hybrid cars. The move could make the state, home to the tech hub of Bengaluru, the second after northern Uttar Pradesh to provide tax breaks to hybrid cars, for which Toyota has lobbied New Delhi.
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Trump Says May Appoint Elon Musk As Adviser If He Defeats Kamala Harris
Republican presidential candidate Donald Trump said on Monday that if elected he would consider ending a $7,500 tax credit for electric-vehicle purchases and that he would be open to naming Tesla CEO Elon Musk to a cabinet or advisory role.
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No Registration Cost For Hybrid Cars In UP: Toyota Innova Hycross Gets Cheaper By Rs 3 Lakh
With the registration cost waiver on hybrid cars in UP, here's how much you can save on purchasing Toyota Innova Hycross, Honda City Hybrid and more.
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Tesla Chief Elon Musk Said to Meet PM Modi in April, Announce India Investment Plans
Tesla chief Elon Musk will visit India this month to meet Prime Minister Narendra Modi and is expected to make an announcement on plans to invest and open a new factory in the country, two sources with direct knowledge said.
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JSW Says MG Motor Joint Venture Aims to Sell 1 Million EVs in India by 2030
A joint venture between Indian conglomerate JSW Group and MG Motor expects to have sold 1 million electric vehicles in India by 2030 and corner a third of the market, a JSW executive said.
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Karnataka Pulls Plug On EV Tax Incentives For Models Above Rs 25 Lakh
The government of Karnataka has rolled out a new lifetime tax policy for vehicles, moving away from the previous model that required annual payments.
-
Maharashtra EV Policy 2025: Up To 15 Percent Subsidy On EVs, Zero Toll On Highways
Maharashtra cabinet approves EV Policy 2025 and offers subsidies, toll waivers, and infrastructure boost to cut pollution. Read along for details.
-
Maharashtra Scraps Six Percent EV Tax Plan to Boost Adoption
Maharashtra has dropped a 6 percent sales tax proposal on EVs priced above $35,000 (roughly Rs. 30 lakh) to boost adoption in India, where EV sales remain low at 2 percent of four million cars sold last year. Chief Minister Devendra Fadnavis cited unnecessary disincentivisation, while the federal goal aims for 30 percent EV adoption by 2030.
-
US Said to be Eyeing Zero Tariff on Cars in India Trade Deal as Tesla Entry Nears
Taxes on cars imported into India are as high as 110 percent, which Tesla chief Elon Musk has criticised as being among the steepest in the world. The EV giant last year shelved its plans to enter the world's third-largest car market for a second time.
-
Tesla Said to Have Finalised Mumbai’s BKC for Its First Showroom Ahead of India EV Market Entry
Elon Musk’s Tesla has finalised the location for its first showroom in India, according to a report. It is said to have leased a space in Mumbai’s Bandra Kurla Complex, also known as BKC ahead of the company’s anticipated foray into India’s electric vehicle (EV) space. For years, the EV maker faced hurdles related to localised factory inves...
-
Amid Trump Tariff Threats, India Cuts Import Duty On American Bikes, Cars In Boost To Harley And Tesla
India has significantly slashed customs duties on high-end motorcycles, cars and smartphone parts, a move that seems to give a boost to American companies like Harley-Davidson, Tesla and Apple.
-
Debunked: Increased Tax On Used Small Cars, EVs To Not Impact Individuals
In a recent development, the GST Council of India has increased the GST on small used cars and EVs from 12 to 18%. Here's how it will affect buyers.
-
GST Council Increases Tax On Used EV Car Sale By Business
The goods and services tax council on Saturday decided to levy an 18 per cent GST on margin value on the sale of used electric vehicles by businesses and agreed to keep jet fuel (ATF) out of the 'one-nation-one-tax' regime.
-
Telangana EV Policy 2024: Here's Everything You Need to Know
Telangana's new EV Policy 2024, announced by Minister Ponnam Prabhakar, offers 100% road tax and registration fee exemptions for EVs until 2026, removing previous caps on eligible vehicles. This move, alongside plans for better charging infrastructure and phasing out diesel buses, supports Hyderabad's goal of reducing air pollution. Citizens are ur...
-
EU-China EV Tariff Dispute: Beijing Requests Automakers To Stop Expanding in Europe
China is putting demand on its automakers to halt expansion in the European union (EU) due to the increasing conflicts over Electric Vehicles (EV). A hold on active searches is demanded by China. This tension rose when customs taxes levied by the European Union increased significantly
-
Karnataka Plans Tax Waivers for Hybrid Cars, Incentives for EVs
Karnataka plans to cut levies and offer financial incentives to companies in the clean mobility sector, including a steep tax cut for hybrid cars. The move could make the state, home to the tech hub of Bengaluru, the second after northern Uttar Pradesh to provide tax breaks to hybrid cars, for which Toyota has lobbied New Delhi.
-
Trump Says May Appoint Elon Musk As Adviser If He Defeats Kamala Harris
Republican presidential candidate Donald Trump said on Monday that if elected he would consider ending a $7,500 tax credit for electric-vehicle purchases and that he would be open to naming Tesla CEO Elon Musk to a cabinet or advisory role.
-
No Registration Cost For Hybrid Cars In UP: Toyota Innova Hycross Gets Cheaper By Rs 3 Lakh
With the registration cost waiver on hybrid cars in UP, here's how much you can save on purchasing Toyota Innova Hycross, Honda City Hybrid and more.
-
Tesla Chief Elon Musk Said to Meet PM Modi in April, Announce India Investment Plans
Tesla chief Elon Musk will visit India this month to meet Prime Minister Narendra Modi and is expected to make an announcement on plans to invest and open a new factory in the country, two sources with direct knowledge said.
-
JSW Says MG Motor Joint Venture Aims to Sell 1 Million EVs in India by 2030
A joint venture between Indian conglomerate JSW Group and MG Motor expects to have sold 1 million electric vehicles in India by 2030 and corner a third of the market, a JSW executive said.
