Maharashtra Scraps Six Percent Ev Tax Plan to Boost Adoption
Maharashtra hasdrawn a proposal for a 6% sales tax on Electric vehicles priced Above $ 35,000 (roughly Rs. The world’s third-largest auto market.
“We are disinecentivising (Evs in the luxury segment) with any reason …
India’s Ev Market is Small, Making Up About Two Percent of Total Car Saves of Four Million Last Year, as Worries Related to Higher Pricing and Indequate Charging POINTS WEIGH to Adoption. The federal government was to increase this to 30 percent by 2030.
A Reversal of the Proposal, Made Weeks Earlier, Comes as Global Ev Giant Tesla is gearing up to sell cars in India where it will compes with homegrown rivals
Mahindra and Tata Alredy Manufacture Evs in Maharashtra. The state has also also attracted investments in new factors, include for EVS, from Hyundai Motor and Toyota Motor.
The new manufacturing facilities will help Maharashtra become the National Capital of Electric Vehicles, Fadnavis added.
Maharashtra, One of India’s Wealthiest States, Accounts for more than 10 percent of total car and ev sales in the country. It also has a separete ev manufacturing policy designed to give incentives to comae to build the cars in the state.
© Thomson Reuters 2025
(This story has not been edited by ndtv staff and is auto-generated from a syndicated feed.)
