Karnataka government introduces a 10% lifetime tax on high-end electric vehicles to control the rise of luxury EVs. It is estimated that by 2030, Bengaluru alone will have 23 lakh electric vehicles compared to the current 80,000 in circulation.
High-end EVs: Karnataka government introduces a 10% lifetime tax on high-end electric vehicles to control the rise of luxury EVs. It is estimated that by 2030, Bengaluru alone will have 23 lakh electric vehicles compared to the current 80,000 in circulation.
Karnataka government imposes 10% lifetime tax on high-end electric vehicles to boost revenue and regulate the market. Anticipates 23 lakh electric vehicles in Bengaluru by 2030.
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