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.
Hyundai enters Gurugram, pitches for import duty cut on EVs
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Hyundai inaugurates new corporate headquarters in Gurugram
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Hyundai India pitches for import duty cut on electric vehicles
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