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UP’s hybrid car concessions not for all hybrids, conditions to be announced

The UP government will announce clarifications on which categories of hybrid cars are eligible for the state concession that waives registration charges.

Currently, EVs are taxed at 5%, while hybrids are taxed as much as 43%, with petrol cars being taxed at 48%. (Raj K Raj/HT File Photo)
Published on Jul 15, 2024 10:39 AM IST
By | Edited by Abhyjith K. Ashokan

Union Budget 2024: EV industry seeks incentives and tax rationalisation

India's EV industry looks for FAME-III, fund allocation for charging infrastructure, incentives for localising components, and reduction of GST on EVs.

The Faster Adoption and Manufacturing of Hybrid and Electric Vehicles in India (FAME India) Scheme, introduced in 2015, promotes electric and hybrid vehicles in India and has completed two terms (Representative Image)
Published on Jul 14, 2024 05:54 PM IST
By | Edited by Abhyjith K. Ashokan

Invest on product and supply chain, less on ‘cute ads’: Ola CEO on slow EV sales

Bhavish Aggarwal, co-founder and CEO of India's largest EV scooter manufacturer tells other EV makers to spend less on marketing as EV sales slow down.

Ola founder and CEO Bhavish Aggarwal (X/Sadhguru Academy)
Published on Jul 13, 2024 02:16 PM IST

‘Ather has sh*t marketing': Nikhil Kamath on not getting discount on EV scooter

Nikhil Kamath said he placed he placed his bets on Ather when he started being bullish on the EV sector.

Nikhil Kamath bough an Ather EV last year. (Instagram/nikhilkamathcio)
Updated on Jul 08, 2024 11:11 PM IST
ByShylaja Varma

Budget 2024: EV policy changes likely, already invested automakers may benefit

The government may tweak the EV policy to support automakers who are already invested, since the policy was originally for fresh and new investments.

A view of a public electric vehicle (EV) charging plaza in New Delhi, India (Sanchit Khanna/HT)
Published on Jul 08, 2024 11:20 AM IST
By | Edited by Abhyjith K. Ashokan
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