 "electric vehicle")
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Those on the Maruti-Toyota side project cumulative passenger vehicle sales in India between FY23 and FY30 to be 42 million, of which EVs will be about 6 million, leaving a large number of the other kind
In the latest bitter battle in motown, the one between electric vehicles (EVs) and hybrids, the latter seem to be getting their nose ahead, with the government setting up a panel to examine whether hybrid cars deserve policy support in the form of lower taxation.
Recently, missives have floated across the top tier of policymaking, as a result of which the Ministry of Heavy Industries has formed an internal committee to examine whether the cess on hybrid cars should be reduced.
Speaking unofficially, officers confirmed the move.
It is a move that will raise the hackles of EV makers, which
First Published: Feb 05 2024 | 11:50 PM IST
