Nitin Gadkari, Minister of Road Transport Highways & Shipping, has announced at the SIAM annual convention 2018 that the government has no plans to subsidise electric vehicles in India. At present, GST on EVs is charged at the rate of 12 per cent. In contrast, GST is charged at the rate of 43 per cent on the minimum side for cars that fall under the 'small cars' category as per the norms. At the same time, he's also bullish that EVs could make for 15 per cent of the total car sales in India in the next 5 years.