Electric Two Wheelers
car&bike Team
Jul 5, 2019, 9:00 PM
The electric vehicle segment in the Indian auto sector has welcomed the announcements to give tax incentives on loans for EVs, as well as GST reduction on electric vehicles.
1 Min
car&bike Team | Jul 5, 2019Union Budget 2019: Govt Proposes Rs. 1.5 Lakh Income Tax Reduction On Loans On EVsThe government has offered exemption of income tax worth Rs. 1.5 lakh on loans taken for buying electric vehicles.1 min read
Sameer Contractor | Jul 5, 2019Budget 2019: Government Recommends Reduction Of GST From 12% To 5% On Electric VehiclesThe Union Budget for 2019 has been announced and Finance Minister Nirmala Sitharaman made a number of promises for the overall development of the country's economy. While there haven't been major incentives for conventional vehicles in the auto sector, the government has recommended changes to the Goods Services Tax (GST) council for electric vehicles (EVs) reducing the GST rate from the current 12 per cent to five per cent, in a bid to make the vehicles affordable. In addition, consumers will be provided with an additional income tax deduction of Rs. 1.5 lakh on the interest paid on the loans taken to purchase electric vehicles.1 min read
car&bike Team | Jul 4, 2019Arc Vector Electric Motorcycle To Make Public Debut At GoodwoodThe Arc Vector electric motorcycle will make its first public appearance at the Goodwood Festival of Speed.1 min read
car&bike Team | Jul 2, 2019Li-Ions Elektrik Spock Electric Scooter Launched In India; Priced At Rs. 65,000The Spock has a top speed of 45 kmph and will have a range of 130 kilometres on a single charge, when ridden in the economy mode.1 min read
car&bike Team | Jul 1, 2019Blacksmith B2 Electric Bike TeasedBlacksmith Electric is a Chennai-based electric bike start-up and the company's first electric bike, the Blacksmith B2 will be launched in 2020. According to Blacksmith, the B2 is the first electric bike with a registered patent for battery swap technology.1 min read
PTI | Jun 30, 2019Include Battery Swapping For Incentives Under FAME-II Scheme: FICCIIndustry chamber FICCI called for the inclusion of battery swapping model of charging for incentives under FAME-II scheme on Friday to help the acceleration of electric mobility in India. The Rs. 10,000-crore Faster Adoption and Manufacturing of Electric Vehicles (FAME -II) envisages incentives mainly to 10 lakh registered electric two-wheelers, 5 lakh e-rickshaws and 7,090 e-buses.1 min read
car&bike Team | Jun 30, 2019Husqvarna Unveils EE5 Electric BikeHusqvarna has unveiled the Swedish brand's first electric motorcycle, and it's an electric dirt bike called the Husqvarna EE5.1 min read
car&bike Team | Jun 27, 2019Regent No. 1 Retro-Styled Electric Motorcycle To Debut In 2020Swedish electric manufacturer displays retro-styled electric motorcycle.1 min read
