Telangana announces 100% exemption on road tax, registration fees for EVs

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Telangana authorities connected Sunday announced providing 100% exemption from roadworthy taxation and registration fees for electrical vehicles (EV) purchased and registered successful the authorities for the archetypal play of 2 years up to December 31, 2026.

The authorities decided to supply 100 per cent exemption from roadworthy taxation and registration fees for electrical two-wheelers, four-wheelers, commercialized rider vehicles specified arsenic taxis, backstage cars, electrical three-seater auto-rickshaws, electrical airy goods carriers including three-wheeled goods vehicles, electrical tractors and electrical buses, according to the GO.

Source:
https://economictimes.indiatimes.com...3.cms?from=mdr

This is simply a precise bully measurement by Telangana govt and volition payment galore radical particularly backstage car buyers. For example, this exemption volition prevention astir Rs 2 lakhs for MG Windsor, minimum Rs 2.7 lakhs for Tata Currv EV, and Rs 3.7 lakhs for BYD Atto 3. Since determination are nary terms limits for the exemption, the cars similar Ioniq 5 volition outgo overmuch lesser now.

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It’s a precise bully initiative.

Quite imaginable KIA and each person lobbied and succeeded with the TS Govt. Considering TS proximity to KA and the attraction of wealthiness successful TS we volition spot tons and tons of precocious extremity TS EV’s plying connected the roads successful KA.

KA particularly Blr, Mys, Mlr and each already person the willingness to follow EV’s and determination is precise decent charging infrastructure astir too. So if KA were to travel this lead, we could spot tons much precocious extremity EV’s present too.

Just wondering whether this will, successful 3 years time, person a bully effect connected the marketplace for utilized Higher extremity EV’s.

Its each a question of the volumes and numbers of the caller ones, which volition trickle down implicit clip into the utilized markets.

Last edited by suhaas307 : 18th November 2024 astatine 09:32. Reason: Spacing and formatting

Join Date: Oct 2024

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What does it mean erstwhile it says the exemption is initially valid for 2 years. Life clip exemption is lone valid for authorities owned buses and buses being utilized by companies for non commercialized purposes.

Does it mean that if the argumentation is allowed to lapse aft 2 years, roadworthy tax/registration interest would person to beryllium paid aft 2 years?

Last edited by suhaas307 : 18th November 2024 astatine 09:33. Reason: Spacing and formatting

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Could beryllium that taxation exemption is for vehicles purchased till December 31, 2026.

For EV purchases aft December 31, 2026, taxes would person to beryllium paid successful full, I guess.
Not definite what benignant of exemption is being offered for buses station December 31, 2026.

Does Telangana person beingness taxation (valid for 15 years, similar successful Karnataka) oregon bash conveyance owners wage yearly taxes?

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This is large quality indeed. Had this been successful spot earlier this year, I mightiness person picked up an EV! Good clip for the car buyers reasoning astir the EVs!

Its beingness taxes present successful Telangana.

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This was archetypal introduced successful 2021 during KCR's authorities and was reverted backmost conscionable earlier helium stepped down arsenic CM past year.

Anyway, I'm blessed that taxation exemption connected EV is backmost successful Telangana but spot disappointed that they aren't extending this to life.

Now, aft seeing this, I'm tempted to get ourselves an EV replacing our City iDTEC adjacent twelvemonth arsenic a 2nd car and considering ZS EV arsenic good arsenic Nexon EV 45KW, which volition beryllium costing adjacent to 18L OTR station taxation exemption portion second volition beryllium costing 21L OTR (Excite Pro).

After having experienced the EVs similar Tesla, Ioniq 5, EV6, Mustang Mach-E present successful USA successful caller times, I consciousness similar getting 1 present successful India.

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It's a large determination . Because EVs are inactive a comparatively caller exertion & travel with their ain challenges, authorities propulsion is mandatory. At slightest until they spell mainstream. Globally, EV income haven't lived up to expectations (especially successful 2024) & they request each the emotion they tin get. Frankly, erstwhile astir radical test-drive an EV, they go converts. But it requires fiscal enactment from the governments, increasing charging infrastructure from nationalist & backstage players and a alteration successful user mindset. Luckily, artillery prices are falling and the driving scope is continuously increasing.

It's a bully market. I retrieve speechmaking determination that ~10% of Mercedes-India income are from Telangana.

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Quoting from this nonfiction https://www.moneycontrol.com/news/in...-12869084.html

From above, it's wide that the exemption has nary bounds connected fig of buses to beryllium registered till the said period. However, it doesn't look to beryllium wide astir immoderate bounds connected fig of 2W/4W etc. Hope this is unlimited too.

They are besides talking astir preventing Hyderabad from becoming a polluted metropolis etc. Hopefully they don't present NCR similar unusual adjacent regularisation and different stringent measures.

Last edited by ottocycle : 18th November 2024 astatine 10:46.

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It's highly improbable that Karnataka volition alteration its policy. In fact, they changed it a fewer months agone to present an precocious threshold of INR 25L station which road/registration taxation kicks successful for EV's. The authorities is reeling nether a shortage owed to the assorted freebie schemes, truthful I don't spot adjacent a slim accidental of immoderate alteration successful the authorities argumentation connected this front.

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Air contamination is determination successful Hyderabad nowadays arsenic winters are coming. It's not arsenic terrible arsenic Delhi NCR but it's there.

However it inactive stay to beryllium seen however overmuch leap successful EV registrations volition hap erstwhile this comes into effect. In my sentiment it should beryllium immense since registration charges of petrol cars is precise precocious successful Telangana arsenic good arsenic substance prices are among the highest successful Telangana and AP.

Registration fees connected EVs should beryllium removed successful each states IMHO. Although backstage vehicles are maintained truthful rider vehicular emissions whitethorn not lend to aerial contamination by much, but inactive it volition assistance successful bringing it down. Old commercialized vehicles and diesel buses moving successful Hyderabad needs to beryllium banned.

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Yes, I americium besides waiting for the same.

But this abrupt alteration impacts 2nd manus EV marketplace arsenic they depreciate by 17% astatine slightest successful Telangana.

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I seldom spot galore EVs connected Hyderabad roads (especially connected the ORR wherever I commute regularly). This determination is going to truly boost the EV sales. I had the accidental to bargain a caller car successful 2023 and bought an ICE conveyance due to the fact that EVs were excessively costly and there's excessively overmuch taxation connected those costly vehicles.

This exemption would person changed my determination past year!

If we get much than 400km of existent satellite range, it is precise overmuch feasible to bargain an EV arsenic the lone conveyance successful the household. But presently that is inactive distant imagination for many. Petrol vehicles inactive marque much fiscal sense. But this exemption is decidedly going to summation the income of Curvv EV, MG ZS EV and different ample artillery enactment EVs.

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Telangana govt issued orders.

Link