comparemela.com

Latest Breaking News On - ஹூண்டாய் மோட்டார் இந்தியா - Page 8 : comparemela.com

Tata Motors: Auto Inc divided: Sparks fly over demand for duty cut on EVs

Synopsis Tata Motors and Ola chairman Bhavish Aggarwal backed SIAM’s views, even as Hyundai India managing director SS Kim held that a reduction in the duty would help the industry generate demand and build volumes with imported EVs before commencing production here on a mass scale. Homegrown auto major Tata Motors said it supported localisation of EVs and was in principle against a special duty rate for importing EVs. Hyundai Motor India on Tuesday backed American carmaker Tesla’s demand for a cut in the import duty on electric vehicles (EVs), indicating emerging differences in the local automobile industry over the issue.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.