budget 2024 government proposes electric vehicle tax incentivelatest news & developments
To encourage local electric vehicle production, the government has proposed a tax incentive that will allow manufacturers to claim 150% of qualifying investment spending. Photographer: Waldo Swiegers/Bloomberg via Getty Images

Budget 2024: Government proposes electric vehicle tax incentive

The incentive is aimed at encouraging investments in local production

  • Eyaaz
1 min read