Audi exec says lower tax on imported EVs will help test India market

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By Hritam Mukherjee BENGALURU (Reuters) - Volkswagen-owned Audi's India unit said on Friday that any potential cut down on electric vehicle (EV) import ...

By Hritam Mukherjee BENGALURU - Volkswagen-owned Audi's India unit said on Friday that any potential cut down on electric vehicle import taxes would help the German carmaker experimentWatch onBENGALURU - Volkswagen-owned Audi's India unit said on Friday that any potential cut down on electric vehicle import taxes would help the German carmaker experiment better with models and pricing in the world's third-largest car market.

Reuters reported last month that the Indian government is working on a new EV policy that would slash import taxes for automakers that commit to some local manufacturing. Audi is trying to catch up with its peers, BMW and Mercedes, in the transition to electric. Currently, the company's India arm only makes internal combustion engines locally, which is used in its petrol cars.

 

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