Begin typing your search above and press return to search.
proflie-avatar
Login
exit_to_app
Can Trump wield his big stick?
access_time 22 Nov 2024 10:39 AM GMT
election commmission
access_time 22 Nov 2024 4:02 AM GMT
Champions Trophy tournament
access_time 21 Nov 2024 5:00 AM GMT
The illness in health care
access_time 20 Nov 2024 5:00 AM GMT
The fire in Manipur should be put out
access_time 21 Nov 2024 9:19 AM GMT
America should also be isolated
access_time 18 Nov 2024 11:57 AM GMT
DEEP READ
Munambam Waqf issue decoded
access_time 16 Nov 2024 5:18 PM GMT
Ukraine
access_time 16 Aug 2023 5:46 AM GMT
Foreign espionage in the UK
access_time 22 Oct 2024 8:38 AM GMT
exit_to_app
Homechevron_rightIndiachevron_rightRegistration fees...

Registration fees likely to be waived for Electric Vehicles

text_fields
bookmark_border
Registration fees likely to be waived for Electric Vehicles
cancel

New Delhi: In an initiative by the government to boost electric vehicle sales in the country, the Ministry of Road Transport and Highways (MoRTH) has issued a draft notification, proposing the exemption of battery-operated vehicles from paying fees for new or renewal of Registration Certificate (RC).

According to the new draft notification, any electric vehicle (EV) buyer will be exempted from paying a registration fee for a new EV or a fee for renewal of registration as well.

The proposed rule will apply to all battery-operated vehicle, including two, three, and four-wheelers.

"The Ministry of Road Transport and Highways has issued a draft notification dated May 27, 2021, further to amend the Central Motor Vehicles Rules, 1989, proposing to exempt Battery Operated Vehicles (BOV) from payment of fees for issue or renewal of Registration Certificate (RC) and assignment of the new registration mark. This has been notified to encourage e-mobility," the ministry said in a statement on Tuesday.

According to MoRTH, this is aimed at encouraging e-mobility.

It further said that comments from the general public and all stakeholders have been sought within 30 days from the date of issuance of this draft notification.

Meanwhile, several automotive-related magazines and portals suggested that a concession in road tax for Electric Vehicles that varies in different states too could help in expediting EV adoption in the market.

Earlier in August last year, MoRTH has notified an addition to the existing electric vehicle policy, allowing the sale and registration of electric vehicles without a pre-fitted battery. This move by the government was another part of its effort to boost the adoption of electric vehicles in India, and concurrently reduce our core dependency on imported oil.


Show Full Article
TAGS:Electric Vehicle
Next Story