Carmakers want 5% GST, income tax sops to push e-vehicles

Siam says full electric mobility possible by 2047

Carmakers have sought a number of incentives to push electric vehicles — a 5 per cent goods and services tax (GST), income tax (I-T) benefits, waiver on road tax and toll charges, free parking, and a 50 per cent reduction in power tariff for charging these vehicles.
 
The domestic automobile industry, which has slowly but surely started taking small steps towards electric mobility, has said it will take another thirty years to achieve hundred per cent electrification in new sales. In a white paper submitted to the government, industry body Siam said by 2047, it aims to convert all