Karnataka Ends EV Tax Breaks, Excludes Two-Wheelers
LH
Lena Hoffmann
AI Policy CorrespondentInc42✓Verified across 1 source
The Brief
Karnataka scrapped lifetime tax exemptions for electric vehicles under its new Motor Vehicles Taxation Act, though two-wheelers remain exempt. The move signals reduced government incentives for EV adoption in the state, potentially impacting automotive industry growth and climate commitments.
✓Verified across 1 independent source