As the technology is advancing in every sector, automobile engineers are designing cars keeping in mind the factor of the depletion of fossil fuels. As the crude oil is depleting day by day by the extraction from the ocean beds. The enginers are looking for a renewable source of power for the vehicles and what is better than the electricity. The electricity is cheap in price, nonpolluting and very reliable in terms of linear performance. The only factor with electric vehicles is the performance of the EV. The battery sourced vehicles lack in the power and torque which is required for the bigger vehicles the most. Moreover, the electric vehicles require a large amount of time to get charged while the petrol powered engines gets topped up very easily. After seeking such points the automotive brand\'s have started to go for the Hybrid vehicles, the Hybrid vehicles use two sources to power the vehicle.
As per the latest updates, the Government of India has instructed the GST council to reduce Goods and Service Tax (GST) on electric cars from 12 percent to 5 percent. In addition, EV buyers availing loans for their cars will also be eligible to save up to Rs 1.50 lakh in terms of income tax, depending on their tax bracket. A total benefit of up to Rs 2.5 lakh could be on the cards for EV buyers. Moreover, the final quotation of the car with the subsidy can we avail at the dealership so we would suggest you to exchange your words with them. You can click on the following link to see the details of the nearest dealership and selecting your city accordingly - Car Showrooms.