The Ministry of Heavy Industries (MHI), vide notification dated 15 March 2024, has introduced a ‘scheme to promote India as a manufacturing destination for Electric Vehicles (EVs) and attract investments from global EV manufacturers (Scheme)’.

This report analyses the global trade in used cars and how the transition to electric vehicles may impact it. The analysis explores the quality and age of used vehicles traded globally and maps out how they are traded from developed economies to emerging markets.

After the Goods and Services Tax (GST), the GST cess is the second largest pool of taxes collected on passenger cars in India.

This report takes stock of scientific findings to date regarding the distributional effects of policies discouraging car use in urban areas. These policies include cordon tolls, distance-based charges, fuel taxes, parking measures and public transport subsidies.

The economic consequences for firms investing in green innovation, and therefore their incentives to innovate, are not well understood. This paper empirically assesses the economic returns on innovation in cleaner vehicles.

Achieving China’s dual ambitions of peak carbon dioxide (CO2) emissions by 2030 and carbon neutrality by 2060 will require a strong focus on the transport sector and that transport-related air pollutant and CO2 emissions be monitored and regulated in a coordinated fashion going forward.

The Ministry of Road Transport and Highways (MoRTH) has issued a notification G.S.R 901(E) on 22 December 2022 to promote ease of doing business and transparency in the sale and purchase of registered vehicles through dealers. The pre-owned car market in India has been gradually gaining ground.

Electric car sales powered through 2021 and have remained strong so far in 2022, but ensuring future growth will demand greater efforts to diversify battery manufacturing and critical mineral supplies to reduce the risks of bottlenecks and price rises.

The Ministry of Road Transport and Highways vide notification dated 24th, June 2022 has issued the draft Central Motor Vehicles (Amendment) Rules, 2022.