Planning to buy a new IC engine car? maybe it’s time to rethink as the Ministry of Road, Transport and Highways has come up with a lucrative offer you cannot miss.
MoRTH has recently issued a notification proposing a vehicle registration fee exemption for electric vehicles. This clearly means that If you own or even planning to buy an electric car, You will not have to pay a registration fee.
This is step is being considered to be of the many steps taken by our government to boost electric vehicle sales in the country.
Read More: Mahindra Launches MESMA 48 platform for light Electric Vehicle here
When will this be implemented?
- As of now, MoRTH has opened the forum for public feedback for 30 days.
- The new rule will be applicable to all categories of electric vehicles- 2-wheelers, 3-wheelers and 4-wheelers.
- As of now the hold of electric vehicles in the Indian automobile sector is not that strong.
- However, with steps like these, it is pretty evident that the government is working its way in to lure as many people towards buying electric vehicles.
- Carmakers like Tata, Hyundai and MG have already have their electric products in the markets- Tata Nexon EV, Hyundai Kona and the MG ZS EV.
- The government also plans upon expanding the charging infrastructure across the country.
- Not only the government, but even carmakers are also focusing on introducing an electric version of their existing models to get a glimpse of the future of electric mobility in India.
Not to Miss: Future of Electric Mobility In India – The Pros And Cons
