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Higher prices drag down electric vehicle registrations
Primus In News
Higher prices drag down electric vehicle registrations
24-03-2025

Nikhil Dhaka, Vice President, Primus Partners, shares his view on the impact of rising taxes on electric vehicles, noting that additional levies on premium EVs could slow broader consumer adoption. He highlights that EV registrations have already declined in 2024, with a month-on-month drop in 2025, as state governments impose road and other taxes, leading to higher prices nationwide.

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