Premium electric vehicles (EVs) are set to become more expensive in Maharashtra after the state’s government announced its decision to levy 6% as a motor vehicle tax. However, it can also potentially hurt EV sales. For instance, when Telangana did something similar, EV penetration halved.(Representational Image/Unsplash) This was part of the state budget proposals for the financial year 2025-26 for EVs priced over ₹30 lakh. Also Read: Indian-origin Amazon VP who oversaw flagship AI product steps down: Report Currently, Maharashtra does not levy any motor vehicle tax on EVs. The government has also raised the motor vehicle tax by 1 percentage point on individual-owned non-transport four-wheeler CNG and LPG vehicles. Currently, such vehicles attract a 7-9% tax depending on the type and price. Also Read: Elon Musk loses $29 billion in a day as Tesla shares take a hit The tax increase will increase the state government’s revenue by ₹320 crore in the next fiscal year, according to an Economic Times report. However, it can also potentially hurt EV sales. For instance, when Telangana took …