EV incentives
Uttar Pradesh Restricts EV Subsidies to State-Made Vehicles: New Policy Change Effective October 14
Oct 13, 2025 12:28 pm CST
Starting October 14, 2025, Uttar Pradesh will limit electric vehicle subsidies exclusively to EVs manufactured within the state, offering 100% rebates on road tax and registration fees through 2027. This policy change aims to boost local manufacturing while supporting the Make in India initiative, though it may temporarily limit options for EV buyers seeking incentives.
Tesla Introduces Sub-$40,000 Models to Offset US EV Incentive Losses
Oct 08, 2025 02:23 pm CST
Tesla has launched more affordable versions of its Model 3 sedan and Model Y SUV, priced at $36,990 and $39,990 respectively, as a strategic response to the elimination of US electric vehicle tax incentives. These new standard versions offer reduced prices of approximately 11-13% compared to premium longer-range variants, though they come with less battery range and fewer features.