Two announcements have given a great promotion to Electric Vehicles in India.
First, the Government has lowered the GST rate on EV’s to 5% from the standard 12%.
Second, leading company Tata Power will increase its network of electric vehicle charging stations to 700 by next year.
The company which has already installed 100 fast charging stations in various cities, including Delhi, Mumbai, Bengaluru, Pune and Hyderabad.
The company is not only targeting the public spaces but will also offering home EV charging stations.
The company is also in talks with metro rail authorities and municipal corporations for setting up EV charging stations. Moreover, it will set up charging stations at Tata Group owned outlets such as Chroma, WestSide, Titan watch showrooms and Indian Hotels.
Pictured is a trial solar powered EV charge station in India