Written by: Tabish Sultan
Credits: nsitharaman, Instagarm
EV Spotlight
Luxury electric cars now have a lower import duty of 70% instead of 125%. This could make premium EVs more affordable, attracting more global brands and boosting the Indian EV market.
Credits: mgselect, Instagram
Over 35 battery-making items now have no import tax. This move will help India produce more EV batteries locally, cut costs for manufacturers, and reduce dependence on costly imports.
Credits: FLUX-schnell
Essential materials like lithium, cobalt, and zinc now have zero import tax. This will help manufacturers lower battery production costs, making EVs more affordable for Indian consumers.
Credits: FLUX-schnell
Machines used to make EV batteries will now have lower import duties. This will reduce battery prices, helping automakers produce cheaper EVs and boosting mass EV adoption.
Credits: FLUX-schnell
Luxury EVs and used premium electric cars now have lower import taxes. This could bring down prices for buyers, making high-end electric cars more accessible to more people.
Credits: kiaindia, Instagram
The tax on used motorcycles has been reduced from 100% to 70%. This can make second-hand bikes, including electric two-wheelers, more affordable for budget-conscious buyers.
Credits: FLUX-schnell
Bicycle import tax is now 20%, with an extra 15% charge. This change could make electric bicycles more affordable, helping urban commuters switch to greener transport options.
Credits: FLUX-schnell
Luxury boats and yachts now have a lower tax of 20% instead of 25%. This could help grow India’s high-end boating and tourism industry, attracting more buyers and investors.
Credits: FLUX-schnell
The government is investing in more EV charging stations across India. This will improve charging accessibility, encouraging more people to switch to electric vehicles.
Credits: FLUX-schnell
With lower taxes, cheaper batteries, and more charging stations, EVs may become more popular in India. These changes could make electric transport the future of mobility.
Credits: tata.evofficial, Instagram
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