Hybrid vehicles racing ahead in the auto battle over possible tax cuts
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In the latest bitter battle in Motown, between electric vehicles (EVs) and hybrids, the latter appear to be thumbing their noses, with the government setting up a panel to investigate whether hybrid cars deserve policy support in the form of lower taxes. .
Lately, reports have been circulating at the top of policymaking, as a result of which the Ministry of Heavy Industry has formed an internal committee to investigate whether the strike on hybrid cars should be reduced.
Unofficially, officers confirmed the action.
It’s a move that will raise the hackles of EV makers
First print: February 5, 2024 | 11:50 PM IST