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Hybrid car tax relief may distort market, hurt EVs: Mercedes-Benz CEO

By Economic Times - 2 weeks ago
Mercedes-Benz India has argued that lowering taxes on hybrid vehicles could distort the market and hinder the adoption of zero-emission electric vehicles. The company supports maintaining lower tax rates for EVs to keep them affordable. Other companies like Tata Motors and Mahindra & Mahindra share this stance, opposing tax benefits for hybrids.

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