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Electric Vehicles Registration Fee Can Be Waived Off, MoRTH

Electric Vehicles To Get Cheaper (1) (1)

Electric Vehicles To Get Cheaper (1) (1)

In a push to promote better alternatives to Traditional cars, the Ministry of Road Transportation and highways is likely to waiver registration fees for electric vehicles. So electric cars customers will have an easier time purchasing an Electric car.

Draft Notice

In the notice a line has been added to Rule 81 of the Central Motor Vehicles Rules, 1989 which states “Provided further that, for the Battery Operated Vehicles as defined in rule 2(u); the items given at Sl. no. 4 of the below-mentioned TABLE shall be exempted from the payment of fees for the purpose of issue or renewal of registration certificate and assignment of the new registration mark.”

Rule 81 refers to the various fees chargeable to vehicle owners from grant and renewal of trade certificates for vehicles to issues of registration and more. According to the Ministry, this eases and increases the adoption of electric vehicles.

The rise of EVs in India:

With the arrival of many new electric cars in the Indian market like Nexon EV, MG ZS EV, Kona electric there has been a shift in gear towards electric cars in the Indian market. With changes also being made to ease the process of getting an electric vehicle there is expected to be a surge in sales of EVs. If you’re planning on buying an electric car the future seems promising for you.

Also , read : Car Sales Report: May 2021 | Second Wave Takes A Heavy Toll

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