Tuesday, June 18, 2024

Hyundai has the same fear like Tata Motors & Mahindra about petrol, diesel cars

Hyundai has joined Tata Motors and Mahindra & Mahindra in opposing tax breaks for hybrid vehicles in India, arguing it could disrupt the market for petrol and diesel cars. Japanese carmakers support lower taxes on strong hybrids, citing emissions reduction and fuel efficiency benefits. The debate underscores the auto industry's shift towards more sustainable technologies.

from Auto-Industry-Economic Times https://ift.tt/dOs876T

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