Tag Archives: Electric Vehicle

Popularity of the EV is Increasing

Electric Vehicle first appeared in the mid-19th century, but the electric vehicle had certain disadvantages such as high cost, low speed, and short range of battery. Over the time these electric vehicles got replaced with new, higher quality fuel vehicles. The internal combustion engine has been the king on the roadways for over 100 years. […]

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Personal Users May Choose Electric Vehicles As The Tax Sops

In a bid to drive electric-vehicle adoption in India, government has proposed income tax benefits to EV buyers. The benefits are as follows: 1. Income tax sop: The government has proposed tax deduction of Rs 1.5 lakh on the interest paid while purchasing electric vehicles. this initiative would lead to a benefit of around Rs […]

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