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UK-based electric vehicle maker Ultra Motors’ Indian subsidiary Ultra Motors India’s director (marketing) Deba Goshal said:
“It will help make the electric vehicle viable and help the industry grow. We had been facing a pinch after the excise on petrol two-wheelers were brought down to 12% from 16% while there were no changes for the electric vehicles. The 12% difference with the petrol vehicles will make a sizeable difference and boost demand in the market.”About 1.3 lakh electric vehicles were sold in the Indian market in FY08,and the market has been growing.
With top speeds around 25 to 30 kmph and a maximum range of about 60 km, these vehicles are restricted to travel shorter distances within the city. These limitations of low vehicle speed and travelling distance had hampered their growth.
source:-ET
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