India increases custom duty on EVs
Prices of models such as Hyundai Kona, MG Motor ZS EV may get impacted
In the latest budget, Indian government has announced an increase in custom duty for imported electric vehicles (EV) to between 5% and 15%, The Economic Times reported on 1 February.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here