EV push, registration charge hike to dent 2-wheeler segment most: analysts

Analysts say while the decision to slash duty on EVs is a step in the right direction, the proposal to hike registration and renewal charges will hurt the already ailing auto sector

Puneet Wadhwa | New Delhi
Last Updated at August 6, 2019 08:33 IST

EV push, registration charge hike to dent 2-wheeler segment most: analysts

Bad news just doesn't seem to stop for automobile counters. While on one hand the government decided to cut goods and services tax (GST) on electric vehicles (EVs) from 12 per cent to 5 per cent, and on EV chargers from 18 per cent to 5 per cent over the weekend, there is a proposal to hike registration fee for new vehicles.

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