In a major push for green mobility, Maharashtra has slashed taxes on electric vehicles (EVs), making them more affordable for buyers. The state government has removed the additional 6% tax previously imposed on EVs, leading to significant price drops. This move is expected to boost EV sales and reduce pollution while supporting India’s goal of 30% EV adoption by 2030.
Why This Tax Cut Matters
Electric vehicles in India face higher upfront costs compared to petrol and diesel cars. Taxes play a big role in this, as both central and state governments impose various charges. Maharashtra’s decision to eliminate the extra 6% tax on EVs makes them much more budget-friendly.
Key Benefits of the Tax Reduction:
✅ Lower prices for luxury and premium EVs
✅ Increased affordability for middle-class buyers
✅ Boost in EV sales, helping reduce carbon emissions
✅ Encourages more manufacturers to introduce EVs
Price Drop: How Much Will You Save?
Thanks to the tax cut, high-end electric cars now cost significantly less. Here’s a comparison of before and after prices:
| Electric Vehicle Model | Old Price (₹) | New Price (₹) | Savings (₹) |
|---|---|---|---|
| Rolls Royce Spectre | ₹8.2 Crore | ₹7.8 Crore | ₹45 Lakh |
| BMW iX1 (Electric SUV) | ₹49 Lakh (ex-showroom) | Reduced tax burden | More competitive pricing |
| Tata Nexon EV | Slightly lower final cost | Better affordability | More attractive deals |
This price reduction makes luxury EVs like the Rolls Royce Spectre nearly ₹45 lakh cheaper in Maharashtra! Even mass-market EVs like the Tata Nexon EV and Mahindra XUV400 will see better pricing, making them a smarter choice over petrol/diesel alternatives.
Maharashtra’s EV Vision: Leading India’s Green Revolution
Maharashtra is one of India’s top automotive markets, contributing 10% of total vehicle sales. The state is now taking bold steps to promote EV adoption:
✔ Tax benefits to make EVs cheaper
✔ Faster charging infrastructure development
✔ Incentives for manufacturers to set up EV plants
With Tesla and VinFast planning Indian factories, Maharashtra’s policies could attract more investments.
See Also:
Challenges & Future of EVs in India
Despite the tax cut, EV adoption faces hurdles:
⚠ Limited charging stations in many cities
⚠ Higher battery replacement costs
⚠ Range anxiety for long-distance travel
However, with government support and falling prices, EVs are set to dominate Indian roads soon.
FAQs: Maharashtra’s EV Tax Cut
1. How much tax has Maharashtra cut on EVs?
Maharashtra has removed an additional 6% tax, making EVs cheaper.
2. Which cars will become cheaper due to this tax cut?
Luxury EVs like Rolls Royce Spectre, BMW iX1, and even Tata Nexon EV, Mahindra XUV400 will see price drops.
3. Will this tax cut apply to all EVs?
Yes, all battery-powered electric vehicles registered in Maharashtra will benefit.
4. How much will I save on an EV after this tax cut?
Savings vary—luxury EVs like Rolls Royce save ₹45 lakh, while mass-market EVs see smaller but significant reductions.
5. Is Maharashtra planning more EV incentives?
Yes, the state is working on better charging infrastructure and manufacturing incentives.
6. Will other states follow Maharashtra’s tax cut?
If successful, more states may reduce EV taxes to boost sales.
7. Are EVs really cheaper to run than petrol cars?
Yes! Lower fuel costs & maintenance make EVs more economical in the long run.
8. What is India’s EV adoption target?
India aims for 30% of all vehicles to be electric by 2030.
9. Which Indian brand sells the most EVs?
Tata Motors leads in EV sales, followed by Mahindra.
10. Where can I find EV charging stations in Maharashtra?
Check PlugShare or your EV brand’s app for charging points.
