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EVs Ready To Fly, No Need For Further Subsidy: Goyal
The Business Guardian
|January 05, 2025
India's electric mobility space is "absolutely ready to fly" and there is no need for newer incentives or subsidies, Commerce Minister Piyush Goyal said Friday, after a meeting with officials from various ministries and stakeholders of the Indian EV ecosystem.
During the meeting, Piyush Goyal deliberated on EV adoption, expansion, technology advancements, and challenges and suggestions related to battery charging and swapping stations.
GST on electric vehicles has been reduced from 12 per cent to 5 per cent; GST on chargers/charging stations for electric vehicles has been reduced from 18 per cent to 5 per cent, as an enabler for increased EV adoption in India.
He also reiterated government's commitment to addressing these concerns and fostering swift adoption of EVs in India.
Cette histoire est tirée de l'édition January 05, 2025 de The Business Guardian.
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