Good News-No more registration charges for electric vehicles in India.

Yes, you read it right! No more registration charges for electric vehicles in India. Registration fee on cars in India costs from 4% to 12.5% depending upon your vehicle range and state of registration, which as of 4th Aug 2021 has been exempted on Electric Vehicles. This announcement will provide incentives to the masses in buying Electric Vehicles.

The ministry had announced the draft notification in May 2021 to further amend the Central Motor Vehicles Rules, 1989 proposing to exempt Battery Operated Vehicles (BOV) from paying fees for issue or renewal of Registration Certificate (RC) and assignment of new registrations. The idea is to encourage e-mobility and faster adoption of electric vehicles in the country.

Though many states have waived off registration fees for EVs in their individual policies, the current notification will benefit EV customers across the country and bring uniformity.

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The Humane Opportunist.