3 weeks, 3 days ago
EVs above Rs 30 lakh to get more expensive in Maharashtra with additional 6% tax
The Maharashtra government has proposed an additional 6% tax on electric vehicles priced above Rs 30 lakh in the state. According to data from the industry body Federation of Automobile Dealers Associations, electric cars made up only 3% of the total cars sold in India in February 2025. However, Tesla might not be impacted as its maiden electric car for the Indian market might be priced below Rs 30 lakh. The Maharashtra government's decision to implement a 6% additional tax on EVs is most likely to impact mass segment players like Hyundai, Kia and BYD as they offer electric cars with ex-showroom prices in the north of Rs 30 lakh.














Discover Related

19 hours, 44 minutes ago
La industria de vehículos eléctricos de EEUU, daño colateral en la guerra comercial de Trump

1 day, 12 hours ago
Hyundai Creta becomes India's highest-selling car in March 2025

4 days, 9 hours ago
Fall in lithium battery prices will boost EV sector: Gadkari

Trending
4 days, 12 hours ago
Toll taxes across Indian highways set to increase from April 1. Details inside

Trending
4 days, 12 hours ago
Hyundai beats Tata, Mahindra. Stays at number 2 position in sales in FY25

4 days, 12 hours ago
Chinese Car Maker BYD Looks to Expand in Brazil : State of the World from NPR : NPR

4 days, 12 hours ago
Bajaj Pulsar crosses 2 crore sales milestone, special prices announced

4 days, 12 hours ago
Karnataka hikes diesel tax, pushing prices up by Rs 2 per litre from April 1

5 days, 12 hours ago
Hyundai's plans for its new Georgia plant reveal an industry hedging its bets on EVs

6 days, 2 hours ago
Mercedes-Benz E-Class becomes dearer in India, price hikes for select variants

6 days, 3 hours ago
Price hikes and premium push: What explains automakers’ latest moves?

6 days, 10 hours ago
In shocker, MERC approves higher tariffs than those demanded by power companies

1 week, 1 day ago
Tata launches EV version of Tiago, Punch, Nexon in Mauritius

Trending
1 week, 1 day ago
U.S. tariffs to hit JLR, Sona Comstar the most, dent auto parts makers’ margin by 150 bps

Trending
1 week, 2 days ago
Auto stocks slump on Trump tariff; Tata Motors tanks over 6%

1 week, 2 days ago
Trump's 25% auto tariff: Which Indian companies will pay the price

1 week, 2 days ago
Mahindra's ex-MD buys XEV 9e, led legendary Scorpio's development

1 week, 2 days ago
New EV policy to focus on improving charging infrastructure in Delhi

1 week, 3 days ago