Hybrid Vehicles: A Pathway to Full Electrification

Date : December 14, 2017

Under the recently announced GST guidelines, the Government made clear what it thought about hybrid cars, which will attract 28% GST plus 15% cess, as against 28% for ICE vehicles and 12% for electric vehicles. At this punitive tax rate, there will be no sales of hybrids. Current buyers will go for a corresponding ICE model, which attracts 15% less tax. The only manufacturer of hybrids at scale (T...