Hyundai Motor India (HMIL) said the current taxation regime is not logical to bring in hybrid vehicles and the company will look at launching them when some concessions are offered.
Currently, there is no tax benefit on hybrid vehicles and they attract the same 28 per cent GST as any other petrol/diesel vehicle in the country, while the electric vehicles attract only five per cent. But, companies like Maruti Suzuki, Toyota Kirloskar Motor and Honda Cars India have more line-ups…
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