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.
Explore Related Insights
- How US' 1% Remittance Tax Echo Through Indian Economy?
- How economic headwinds are keeping Indian businesses from growing their exports
- New GST return filing rules to help streamline process, increase transparency, better traceability by govt, say experts
- Top consulting firms helping government with covid-19 plans