Tag Archives: EV

Key things to watch in electric vehicle (EV) & battery supply chain for 2024

As electric vehicle (EV) sales around the world continue to grow, China’s dominance in the market has sparked a global debate. “With two-thirds of China’s power batteries produced in 2023 being iron-based, Chinese cell producers have capitalised on their expertise … Continue reading

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Electric Vehicle GST reduced to 5%

GST rate on all Electric Vehicles reduced from 12% to 5% and of charger or charging stations for EVs from 18% to 5% Hiring of electric buses by local authorities exempted from GST Changes in GST rates shall be effective … Continue reading

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