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India rationalizes VAT for EVs to encourage adoption

Jingyue Hsiao

Jingyue Hsiao

, DIGITIMES, Taipei

Jul 6, 2022, 11:13 0

Credit: DIGITIMES

Amid rapidly growing EV sales in recent years, India has decided to further lower the value-added tax on EV batteries to encourage EV adoption, which may benefit swappable EVs.

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