Tax Relief for Hybrids: Mercedes-Benz Raises Concerns | India Business News – Times of India
[ad_1] New Delhi: Cracks appear to be building up in the hybrid lobby with Mercedes-Benz, the country’s biggest luxury maker, saying that any tax relaxation for the petrol-battery cars has the potential to create a ‘distortion’ in the industry and slow down the adoption of zero-emission electric vehicles.Santosh Iyer, MD & CEO of Mercedes in…