 "chart")
The non-existent domestic electric vehicle segment is making headlines as it has begun to see a few recipes for growth: A low tax under the GST, interest from global electric carmaker Tesla, and a commitment from home-grown auto major Mahindra & Mahindra (M&M). On top of these, it’s the government’s ambitious vision to have an all-electric fleet in the country by 2030.
Days after the goods and services tax (GST) rate on electric vehicles was fixed at 12 per cent (against the lowest tax of 28 per cent on the smallest petrol car), M&M, the only Indian company to make
