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Green Tax: Demand for additional green tax on ICE two wheelers to promote electric vehicles

Green Tax: Demand for additional green tax on ICE two wheelers to promote electric vehicles

Electric Vehicle News Society of Manufacturers of Electric Vehicles (SMEV) has urged the government to impose an additional green tax on two-wheelers with internal combustion engines (ICE) to increase the adoption of electric vehicles (EVs) and reduce crude oil imports. The industry body representing electric vehicle companies said in a statement that subsidies on electric … Read more

FAME-2 subsidy cut will reduce EV buyers, SMEV expresses concern

FAME-2 subsidy cut will reduce EV buyers, SMEV expresses concern

[ad_1] FAME-2 Subsidy Cut Impact On EV Buyers: SMEV, the body of the electric vehicle industry, has said that a sudden reduction in subsidy for electric two-wheelers can cause huge losses. The body said that this could lead to a big drop in EV adoption and affect the entire industry in the long run. However, … Read more