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HomeBusinessAudi joins Tesla, says cut duty on EVs - Times of India

Audi joins Tesla, says cut duty on EVs – Times of India

NEW DELHI: Echoing the demand raised by American auto large Tesla, German luxurious maker Audi has sought a leisure of 3-5 years on import of electrical luxurious automobiles to India. It emphasised that “moderate taxation and stable policy” can see the Indian luxurious market develop almost thrice from the present ranges.

Audi has mentioned that import duty for environmentally clear electrics needs to be mounted at 5%, in keeping with what’s reserved for these making regionally, as an alternative of the over 200% cumulative taxes reserved for the overall gamut of imported automobiles, together with sports activities and petrol/diesel autos.
Audi, which noticed gross sales develop by 100% final 12 months (round 3,300

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