Luxury car companies line up for big Indian electric vehicle race - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Luxury car companies line up for big Indian electric vehicle race

Mercedes, BMW, Audi and Volvo are bullish on EVs even as they are priced higher than petrol and diesel vehicles, said the executives, adding that among other benefits buyers are enthused by a lower 5% goods and services tax (GST) on EVs and waiver of road registration tax in several states.

from Industry-Economic Times
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