Maruti, Toyota may have a reason to worry: 48% GST on hybrid cars, 5% on EVs to continue

Maruti, Toyota may have a reason to worry: 48% GST on hybrid cars, 5% on EVs to continue

In what can be disheartening for auto companies such as Maruti Suzuki, Toyota and Honda, G20 Sherpa Amitabh Kant announced on Tuesday that the government will maintain a large duty differential between electric vehicles and hybrids to promote zero-emission technologies and green mobility in India. Speaking at an event organised by Mercedes-Benz Research and Development … Read more