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Tata Motors urges govt to keep hybrid tax, Toyota lobbies for cut

Baua Electric

Read more Tata Motors has opposed Toyota’s appeal for tax reduction on hybrid cars, claiming that they are more polluting than electric vehicles and should not be given a tax advantage. This countered the appeal from Toyota for lowering the tax on hybrid cars.

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Hybrid used more for “tax breaks” rather than for zero emissions’: PB Balaji of Tata Motors | Autocar Professional

Baua Electric

Taking a dig at the push for hybrid vehicles, Tata Motors’ Group CFO, PB Balaji, cast doubt on the technology’s environmental benefits, suggesting it’s primarily driven by tax breaks rather than a commitment to clean mobility.

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Tata Motors advocates for incentives on EVs, opposes hybrid tax cuts in India: Report | Autocar Professional

Baua Electric

Tata Motors, India’s leading electric car manufacturer, is actively lobbying against potential tax cuts on hybrid vehicles in India, asserting that hybrids are more environmentally harmful than pure electric vehicles (EVs).

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Hybrids vs EVs: where should government put its money

Baua Electric

By: Srinjoy Bal | Updated on: 21 Jan 2024, 12:05 PM In a recent letter to the government, Tata Motors has opposed the further tax cuts on hybrids. Meanwhile, Toyota and Maruti Suzuki are of the view for more tax cuts on hybrids. --> In a recent letter to the government, Tata Motors has opposed the further tax cuts on hybrids.

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Tesla and EV dominance in Norway causes shortage of fossil fuel cars to tax

Teslarati

Tesla and other electric vehicles are beginning to dominate the roads in Norway, leaving very few internal combustion engine (ICE) cars to tax. People who purchased new EVs were exempted from paying hefty taxes like VAT and purchase tax as well. The marketshare of petrol cars went down from 5.9% last month.

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Hybrid hype: types, tech, and the road ahead

Baua Electric

A hybrid vehicle is powered by at least one electric motor and a gasoline engine, and its system recovers energy through regenerative braking. Sometimes the electric motor does all of the work, other times the combustion engine does, and sometimes both work together. This generally occurs at slower city speeds.

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Reducing the cost of electric vehicles

Electric Vehicles India

Reducing the cost of electric vehicles. Drop-in battery price will result in cost reduction of electric vehicles. Electric vehicles are covered under Production Linked Incentive (PLI) scheme for automobile and auto components, which was approved on 15.09.2021 with a budgetary outlay of Rs.

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