Setback for EVs? Automakers oppose GST hike proposal; push to retain 5% rate

Electric vehicle manufacturers are strongly opposing a proposed GST increase on high-end EVs, fearing it will hinder the nation's clean mobility transition. Automakers like Tata Motors and Mahindra & Mahindra emphasize that the current 5% GST rate is crucial for EV adoption and competitiveness. https://ift.tt/MkiDUCm