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Tag - electric vehicle

Subsidy upto Rs. 50 lakhs for buying an Electric vehicles in India, Central Govt Policy 2018!

Showcased at Smart cities expo 2018 . As part of a Rs 9,400-crore package for hybrid vehicles and Electric Vehicles in India, the government may offer incentives of up to Rs 2.5 lakh to those scrapping old petrol- or diesel-fired vehicles along with sops for investment to manufacture parts such as motors in the country. What this subsidy means is that electric car buyers will get a rebate of up to Rs. 2 lakh from the government, which wants more people to buy electric cars rather than the ones running on petrol or diesel. The Indian government also plans to support [...]

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