HYDERABAD: The rush for private electric four-wheelers (E4W) in Telangana after the government’s tax sops under its EV policy 2020-2030 has now hit an unexpected speed bump in the state.
While private passenger E4W sales had revved up after the state government rolled out GO MS No 11 & 12 in February 2021 providing 100% exemption on road tax and registration, the speed in lapping it up has resulted in the quota for E4Ws being emptied early this year. In other words, private E4W buyers have to now pay the same road tax and registration charges as conventional internal combustion engine (ICE) based on pricing and other parameters, slamming the brakes on E4W sales.