Audi joins Tesla, says cut duty on EVs – Times of India
[ad_1]
NEW DELHI: Echoing the demand raised by American auto giant Tesla, German luxury maker Audi has sought a relaxation of 3-5 years on import of electric luxury cars to India. It emphasised that “moderate taxation and stable policy” can see the Indian luxury market grow nearly three times from the current levels.
Audi has said that import duty for environmentally clean electrics should be fixed at 5%, in line with what is reserved for those making locally, instead of the over 200% cumulative taxes reserved for the general gamut of imported cars, including sports and petrol/diesel vehicles.
Audi, which saw sales grow by 100% last year (around 3,300
[ad_2]
Source link
