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EV tax

Lower GST critical for EVs in transition phase: Audi India

by Adesola Mojo
Lower GST critical for EVs in transition phase: Audi India

New Delhi: Continued support in terms of lower GST for electric vehicles is necessary till the volumes reach an appropriate level and the industry can sustain on its own, according …

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Categories Automobile

U.S. Treasury details EV tax credit rebate rules

by Adesola Mojo
U.S. Treasury details EV tax credit rebate rules

WASHINGTON, – The U.S. Treasury Department on Friday issued new guidance on how a $7,500 electric vehicle tax credit can be used as a point-of-sale rebate starting in January. Currently, …

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Categories Automobile

Ev Import Tax: Modi govt. planning to slash EV import taxes from 100% to 15% following Tesla proposal!

by Adesola Mojo
Ev Import Tax: Modi govt. planning to slash EV import taxes from 100% to 15% following Tesla proposal!

Narendra Modi-led Indian government is reportedly working on a new electric vehicle policy that would slash import taxes for car companies that commit to some local manufacturing, following a proposal …

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Categories Automobile

Business lobby urges US to expand EV tax benefits to Vietnam

by Adesola Mojo
Business lobby urges US to expand EV tax benefits to Vietnam

WASHINGTON – The United States should extend electric vehicle tax credit benefits to Vietnam if it wants to encourage a landmark investment from the country in U.S.-based manufacturing, the head …

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Categories Automobile

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