Uttar Pradesh govt. offers 100% road tax waiver on EVs & hybrids

The 100% tax exemption has come into effect from July 1, 2024.

The government of Uttar Pradesh has announced that electric vehicles and hybrid cars registered in the state will be completely exempt from road tax.

According to media reports, the 100% tax exemption has come into effect from July 1, 2024. It will apply to hybrid electric vehicles, strong hybrid vehicles, plug-in hybrid electric vehicles, series hybrid electric vehicles and series-parallel hybrid electric vehicles.

The registration fees for hybrid vehicles are set at 8% for those costing less than Rs 10 lakh and 10% for cars priced above Rs 10 lakh. The tax waiver will significantly bring down the overall prices of hybrid vehicles and boost sales. 

Several hybrid models have been launched in the Indian market in the past few years. Maruti Suzuki offers the Grand Vitara and Invicto, while Toyota has the Urban Cruiser Hyryder, Innova Hycross and the Camry. Honda also offers the City e:HEV in India.

Source: TOI