‘Purchase-price subsidies, tax relief can fuel electric mobility growth’

A strong regulatory ecosystem including purchase-price subsidies and tax exemptions can fuel electric mobility growth in the country, a senior official of Italian luxury car maker Maserati said.

Such a regulatory ecosystem of any country should be developed keeping the best interest of the costumer in mind, said Bojan Jankulovski, head of operations, Maserati India.

“Therefore, purchase-price subsidies and tax exemptions will have a major effect on consumer demand. Furthermore, governments need to ensure a robust investment in charging infrastructure as part of their economic-stimulus programmes,” he told The Sunday Express.

“It’s truly an exciting time because we’re on the verge of a new era. Electric mobility is the future and every automotive manufacturer including Maserati is working towards that,” he said.