Green Tax on ICE vehicles could help EVs

INDIAN ELECTRIC TWO-wheeler OEM start-ups hit badly by a potential demand slowdown due to the FAME II subsidy cut have on behalf of their apex body, SMEV (Society of Manufacturers of Electric Vehicles), urged the government to levy an additional Green Tax on ICE vehicles to encourage EV adoption and support the reduction of pollutioncausing crude oil imports.

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Sohinder Gill, Director General of SMEV, while reiterating the association’s recommendation on World Environment Day said, “Additional Green Taxing of ICE vehicles will not only bring EV and ICE at the same level but also encourage bigger OEMs to enter the EV market with confidence and a long-term outlook, which will benefit the country.”