The running cost of electric vehicles is lower, but there is a high upfront capital investment. Lack of charging infrastructure is another impediment
It also slashed the Goods and Services Tax (GST) on EV chargers from 18% to 5%
The Ministry of Road Transport and Highways also advised states to either minimise the road tax for EVs or exempt them from paying road tax for vehicle registration
State govt to have technology-agnostic approach for charging
I think Niti Aayog will be well-placed to develop this policy, and I hope that will be the task we will fulfil going forward: Rajiv Kumar
MSI had announced that it planned to launch an EV in India by 2021