The GST Council has retained 5% GST on electric vehicles under GST 2.0, boosting India’s EV adoption and clean mobility mission. Learn what this means for buyers, startups, and manufacturers. In a landmark move for India’s green mobility push, the GST Council has decided to continue the concessional 5% GST rate on electric vehicles (EVs) under the GST 2.0 overhaul. While most products shifted into new 5%, 18%, or 40% slabs, EVs retained their lowest bracket—signaling strong government support for clean transportation. This policy ensures EVs remain more affordable than petrol and diesel vehicles, which attract much higher taxes. For consumers, startups, and manufacturers alike, this is welcome news. 🔑 What Does 5% GST Mean for You? For Consumers Lower upfront cost of buying an EV Wider adoption of eco-friendly mobility Increased availability of affordable EV models For Manufacturers & Startups Greater cost stability and policy predictability Encouragement to i...
Electric Vehicle Day: The Charge Driving a Cleaner Tomorrow 🚀 A Catchy Opening The road ahead is electric. On this Electric Vehicle Day 2025 , the world isn’t just celebrating innovation—it’s celebrating a movement. A movement where nations are rewriting mobility, startups are building solutions, and consumers are embracing cleaner, smarter transport. From Shanghai to Pune , EVs are no longer a futuristic dream—they’re a reality on the roads, in our neighborhoods, and in our daily conversations. 🌍 Global EV Momentum at a Glance 2024 Global EV Sales : Over 17 million EVs sold , a 25% year-on-year surge . 2025 Q1 Sales : 4+ million EVs sold globally, up 35% YoY . Global EV Fleet : Nearly 58 million EVs , making up 4% of all passenger cars . Future Forecast : EVs expected to capture 25% of global car sales in 2025 , and ~40% by 2030 . China Leads : Nearly half of all EVs sold worldwide in 2024 came from China, with EVs reaching 50% of new car sales . 🌎 Tra...