Road tax exemption to boost sale of electric vehicles
Posted by: nt January 13, 2018 in Goa News
SHOMA PATNAIK | NT
Goa on Friday joined the ranks of states offering incentives for electric vehicles by exempting electrically-operated vehicles (EOVs) from the payment of tax.
The exemption order was issued by the directorate of transport under sub-section (2) of Section 11 of the Goa, Daman and Diu Motor Vehicles Tax Act 1974, and will come into effect from the date of its publication in the official gazette.
The government’s move towards incentivising electric cars makes Goa among the early bird states trying to encourage the plying of non-polluting vehicles on roads. So far Maharashtra, Karnataka, Himachal Pradesh and Delhi have exempted electric vehicles from road tax.
Automobile dealers in the state welcomed the exemption directive even as they disclosed that local market of electric cars is in a nascent stage. The market size is estimated at not more than 10-12 vehicles, according to dealers.
A company official from Mahindra and Mahindra Ltd said that the exemption would go a long way in reducing the pricing of electric cars and making them affordable for the salaried class. It will lower the price of Mahindra’s e2o model by around Rs 86,000, he said. “The on-road price
of the car is Rs 8.6 lakh and after exemption of the road tax which is about 11 per cent, the price will come down to Rs 7.8 lakh,” he said.
KN Mehta, managing director, Mukhtar Automobiles, Margao, said that the announcement by the government is a major boost to the electric vehicle segment. He said that several Goans are keen to “go green and are enquiring about the vehicles although the market as of now is in initial stage.”
He said that lot of infrastructure is necessary to popularise the electric segment along with awareness drives among buyers. “Mahindra and Mahindra is the only company manufacturing electric cars in India and the e2o was launched in the dealership a couple of months back,” said Mehta.
Other than the e2o, the only other electric vehicles found on Goan roads are few erstwhile ‘Reva’ cars, the model which is now taken over by Mahindra and Mahindra.
In May 2016, a private entrepreneur launched electric scooters in the state and they were purchased by local retail stores to transport food orders for home deliveries. Lack of charging stations, however, proved a major hurdle in finding takers for the scooters, said the entrepreneur. About ten electric scooters were sold by the firm.
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