Skoda Volkswagen India advocates reserving the 5% GST benefit for electric vehicles under four meters in length to promote wider EV adoption. The company emphasizes focusing on smaller-sized vehicles for subsidies to avoid financial strain on the exchequer.
Petr Janeba, the brand director for Skoda in India, highlighted the need to support mass-market EVs rather than expensive cars to accelerate EV growth. By targeting cars up to Rs 20 lakh and following global practices, the subsidy can benefit a larger number of vehicles, aiding faster adoption of electric vehicles in India.
