New Delhi: The government of India has proposed to exempt electric vehicles including two-wheelers and three-wheelers from registration charges. The government is aiming at high penetration of such vehicles by 2030.
Welcoming the Centre’s proposal, the CEO of Lohia Auto Industries, Ayush Lohia, said: “The proposal comes at a time when the country plans high penetration of such vehicles by 2030. This is signal of how the government is keen to walk an extra mile and added extra perk to accelerate the adoption of electric vehicles. Also, this will boost production of electric vehicles in the country and take their share to 15 per cent of total automobiles in the next five years.Industry is expecting some more plans to be rolled out in the coming time.”