India hopes making electric vehicles cheaper will get more people to buy them
Published on: Sunday 07 July 2019
Indian Finance Minister Nirmala Sitharaman last Friday presented the country's new budget. She said the government will provide additional income tax deduction of 150,000 rupees (about $2,185) on the interest paid on loans to purchase electric vehicles.
News source: https://www.cnbc.com/2019/07/08/india-hopes-making-electric-vehicles-cheaper-will-spur-demand.html