The government has been constantly pushing the adoption of EVs by the general public. In the latest draft issued by MoRTH, the ministry has proposed a waiver of the registration fee for Battery Operated Vehicles. This means that the cost of electric vehicles and renewing registration is going to get cheaper. Do note that you can raise an objection or give a suggestion on 26th June 2021.
Let’s take a look at what the draft states.
MoRTH issued the draft on 27th May 2021. The ministry will consider any objections or suggestions that are sent within 30 days from the issue date.
According to Rule 2(u) mentioned in the draft:
- Battery Operated Vehicle is the vehicle that draws power exclusively from a traction battery.
- There should be no other source of power in the above-said vehicle.
- The 2-wheelers which have a speed of less than 25kmph and the electric motor having 30-minute power, less than 0.25kW are not considered a motor vehicle. (This is the reason that you don’t require a driver’s license to drive one)
- Hybrid vehicles will not get any exemption in terms of the registration fee. This will surely push the adoption of EVs.
Electric vehicles (EVs): Exemption from the registration fee
All battery-operated vehicles will fall under this draft. This means the e-rickshaws, electric two-wheelers and electric four-wheelers will be getting cheaper. Currently, in terms of passenger vehicles, you get MG ZS EV, Hyundai Kona Electric, Mahindra e-Verito, Tata Tigor EV, Tata Nexon EV, Mahindra e2o and a few others.
As we are totally aware of the ever-increasing prices of fuel, it is really necessary that we stat adopting the various alternatives. CNG and EV adoption will not only be light on your pockets but will eventually help the environment too.
What do you think about the draft? Are EVs the future of mobility in India? Do let us know your thoughts in the comments section below. Also, don’t forget to follow us on Google News!