NEW DELHI: The GST Council may consider reducing the differential across the tax rates for Lithium-ion batteries and Electric Vehicle Supply Equipment (EVSE) which are at 18% and 5%, the draft battery swapping policy has proposed among a raft of recommendations to give a fresh boost to adoption of electric vehicles in the country.
Government think Niti Aayog unveiled the draft battery swapping policy on Thursday which stipulates the minimum technical and operational requirements that battery swapping ecosystems would need to fulfil, to enable effective, efficient, reliable, safe, and customer-friendly implementation of battery-swapping infrastructure. The policy aims to create a framework for greater interoperability while safeguarding the innovation potential for the electric vehicle battery ecosystem.
