Monday, May 11

Key Insights | EV Competitiveness Beyond Incentives

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This paper examines the reliance of electric vehicles (EVs) on the existing incentives, particularly tax concessions, to become financially attractive in India. In practical terms, the study attempts to understand how long the purchase of EVs in different segments may require preferential tax treatment to remain cost-competitive compared to conventional vehicles. Electric passenger cars and electric two-wheeled vehicles are taken as a case in point.

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