Toyota Seeks Tax Relief for Hybrid Vehicles

Toyota Hybrid Vehicles

Toyota Kirloskar Motor is advocating for tax incentives to promote the adoption of flex-fuel and hybrid vehicles in India. According to Vikram Gulati, Country Head of Toyota Kirloskar Motor, the incorporation of flex-fuel technology significantly increases manufacturing costs, which are further exacerbated by current tax structures. The company believes that tax relief would make these environmentally friendly vehicles more accessible to consumers.

Location: Raipur - C.G.

Category: Automotive

Tags: Automotive, Green Technology