Government incentives

India cut VAT on electric vehicles to 5%
Posted Jul 29, 2019

The Indian government has decided to cut VAT on electric vehicles from 12% to 5% and charging stations from 18% to 12%. In addition, the purchase of electric buses by the municipalities is exempt from VAT. The changes will come into...

The Government will give tax incentives to those who buy electric cars
Posted Jun 28, 2019

The president of the acting Government and the only candidate for re-election, Francina Armengol (President of the Balearic Islands), has promised in her inaugural speech tax incentives for those who buy electric cars instead of...

US Congress advises extension of electric cars subsidies
Posted Apr 12, 2019

The US government wants to abolish state subsidies for electric cars and renewable energies. US President Trump would like to eliminate state subsidies for electric cars immediately, but now, a new bill in Congress provides for an extension of tax...