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India's G20 Sherpa Amitabh Kant on 48% Tax on Hybrid Cars

2024 • 6min • News • Business

Informative

Published on: September 04, 2024 - In a sign of worry for major carmakers, India's G20 Sherpa Amitabh Kant recently said the country will continue with a 5% tax on electric cars and a 48% tax on hybrid cars for a 'long period of time.' As India aims to become carbon neutral by 2070, will higher tax help decarbonise Indian roads? Join News9's Shweta Kothari with Amar Jatin Sheth, Treasurer, FADA, for details.