e-Mobility

Mercedes Benz looking for tax breaks for the electric vehicles from Indian Government

According to some media reports, Mercedes Benz has urged the Indian government to introduce tax breaks for the automobile industry so they can build a sustainable business model for electric vehicles in the country.

The company is interested in manufacturing electric vehicles but for that, the sales must reach beyond 400 units per year. The company is looking forward to tax breaks for the electric vehicles imported through the CBU route.

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Mercedes Benz looking for tax breaks for the electric vehicles from Indian Government

Mercedes-Benz is working on its electric vehicle strategy and is developing electric vehicles for the global markets. The company is developing 9 electric vehicles and has last year has unveiled its EQ brand in October.

EQ brand aims to develop a new generation of electric vehicles will be based on an architecture developed specifically for battery-electric models, which is scalable in every respect and usable across all models: the wheelbase and track width as well as all other system components, especially the batteries, are variable thanks to the modular building-block system.

But tax breaks for the import of electric vehicle through the CBU route looks unlikely at the moment as CBU import means a vehicle is completely built out of the country,

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