New Vehicle Incentives 2025 Elections. 1st april 2025 till 31st july 2025. India's cabinet has approved a scheme to spend 109 billion rupees ($1.3 billion) on incentives for the adoption of electric vehicles in its efforts to curb pollution and move.
The union budget 2025 is expected to introduce key measures to support the indian auto sector, including ev incentives and vehicle scrappage policies. Trump said that he would kill the $7,500 federal tax credit for electric vehicles and cut funding for electric vehicle production and charging stations.