Hyundai pitches for import duty cut on EVs

Hyundai supported the demand of the American electric car major Tesla which has sought lowering of duties on imported EVs in India.

Any duty rate cut by the government on imported electric vehicles would be very beneficial as it would help automakers generate much-needed volumes and reach some viable scale, South Korean auto major Hyundai said on Tuesday. The automaker, which inaugurated its new corporate headquarters here, supported the demand of the American electric car major Tesla which has sought lowering of duties on imported EVs.