Budget 2021 Expectations – This personal mobility solutions start-up eyes incentives on electric vehicles, GST reduction on batteries

“The mobility sector will be majorly driven by electric vehicles as the world is moving towards greener and cleaner transit solutions,” Ayyadurai said. “We are hoping to see a reduction in GST on EV batteries from 18% to 5% along with the subsidies on all EVs including low-speed electric two-wheelers”, he added

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