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U.P. POLICY TO BRING HYBRIDS, EVS ON PAR SHOULD BE EMULATED
The Morning Standard
|July 17, 2024
HE Uttar Pradesh government's recent waiver of registration fees for hybrid passenger vehicles is a welcome move and should be replicated by other states.
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The Centre, too, should consider reworking its goods and services tax structure to bring hybrids closer in line to electric vehicles (EVs), which are charged a 5 percent tax as compared to 43 percent for hybrids. UP's registration fee waiver is expected to reduce hybrid car prices by ₹1.5-3.5 lakh, depending on the model. This should boost sales of these environment-friendly vehicles. Hybrid cars have an internal combustion engine and one or more electric motors powered by batteries. The changeover from one to the other is seamless and depends on the driving conditions.
Dit verhaal komt uit de July 17, 2024-editie van The Morning Standard.
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