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Registration tax waiver on hybrid cars to remain: UP govt to auto companies

Business Standard LogoBusiness Standard10h ago

Registration tax waiver on hybrid cars to remain: UP govt to auto companies - Business Standard

Quick Summary:

Meanwhile, the chief secretary, after confabulating with all the stakeholders, including automakers and transport department officials, underlined that the EV policy is for the promotion of both hybrid and EVs with the objective of replacing pure petrol and diesel vehicles for achieving the national emission goals.

Representatives from eight companies — Tata Motors, Hyundai, Kia, Mahindra & Mahindra, Maruti Suzuki, Toyota, Honda, and Bajaj — attended the meeting.

He then reaffirmed that the registration tax waiver for plug-in and hybrid cars would remain in place, sources mentioned.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-11 @ 18:49:18 (10 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 779 words

Reading Time: 5 minutes read

Sentences: 30 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22015751

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 154 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 4 hours ago

Coverage Areas: India

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Publication Timezone: GMT +5:00

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Website Security: Secure (HTTPS)

Publisher ID: #49

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