Sales of electric vehicles in the Netherlands are facing challenges due to the government’s decision to end subsidies and increase taxes, leading to consumer hesitation.
The Maharashtra state government has proposed a new tax on electric vehicles (EVs) priced above 30 lakh rupees and a hike in the Motor Vehicle Tax for CNG vehicles as part of its 2025-26 budget.
A new government policy in South Korea, requiring lime green license plates for corporate-owned luxury vehicles, has led to a sharp decline in sales of high-end cars.