Bajaj Auto to launch world's first CNG bike next quarter, says Rajiv Bajaj
Bajaj said there was a 50-65% reduction in fuel cost and operating costs. The emission levels were lower compared to ICE vehicles .
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There are no registration costs for a newly acquired car if the owner has a certificate.
State governments also offer a concession on motor vehicle tax of up to 15% on transport vehicles and 25% on non-transport vehicles.
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In India, the vehicle scrappage policy offers a discount of 4% to 6% on the ex-showroom price of a new vehicle when you scrap an old one.
The owner of the scrapped vehicle also receives a scrap value of 4-6% of the ex-showroom price of the new vehicle.