NEW DELHI: Japan’s Toyota Motor is lobbying the Indian government to cut taxes on hybrid vehicles by as much as one-fifth, arguing they are far less polluting than petrol cars but do not get commensurate policy treatment, a company letter shows.
The world’s largest carmaker plans to expand production capacity to meet a surge in Indian demand for hybrids, but Prime Minister Narendra Modi’s government has focussed on pushing sales of electric vehicles (EVs), offering companies millions of dollars in incentives to build EVs and batteries.
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