As India aims to be carbon neutral by 2070, automakers are divided over the best path ahead.
Japanese giants like Maruti Suzuki and Toyota are pushing for tax cuts on hybrids, arguing that electric vehicles (EVS) alone can't carry the emissions reduction load.
But homegrown players like Tata Motors and Mahindra & Mahindra have opposed such tax cuts, insisting that only a full-throttle EV push can truly decarbonise India's roads.
EVs in India are charged just five per cent goods and services tax (GST) but hybrid cars owners shell out 28 per cent GST. The divide within the auto industry recently came to the fore after a July 5 order of the Uttar Pradesh government to waive a registration tax of up to 8-10 per cent for strong hybrid vehicles.
هذه القصة مأخوذة من طبعة August 05, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة August 05, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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