VW joins Tesla in call for lower import tax on EVs in India
10-Aug-2021 13:44:03 | Yahoo Sports
Volkswagen AG, the world's second-largest carmaker, is calling for lower import duties on electric cars in India to help drive demand for clean vehicles, echoing Tesla's recent pitch which has divided the country's auto industry. Cutting duties on electric vehicles (EVs) even to 25% - from current levels as high as 100% - would not pose a "big threat" to domestic players, but would help to drive investment, the German carmaker's India head told Reuters in an interview. "The market for EVs has to be big enough for investments to come in and for that we shouldn't be placing barriers," Gurpratap Boparai, managing director of Skoda Auto Volkswagen India, said.
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