Union Budget 2024: Electric vehicles to get cheaper? Here's what FM Nirmala Sitharaman said

Written By Shivam Verma | Updated: Jul 23, 2024, 12:44 PM IST

The Finance Minister had also cut the tax rate on lithium-ion batteries, which is an essential component for electric vehicles

Union Finance Minister Nirmala Sitharaman presented the Budget 2024 on Tuesday. The Finance Minister had also cut the tax rate on lithium-ion batteries, which is an essential component for electric vehicles.