GST reduction on EVs, sops for buyers will boost sales: Vikas Jain, Hyundai
  • WebDesk BTVI
  • Jul 09 2019

Vikas Jain, Head of National Sales at Hyundai Motor India, says the Union Budget presented by Finance Minister Nirmala Sitharaman is supportive of electric vehicles (EVs) with the GST on EVs being reduced to 5% from the earlier 12% slab. He adds that the Budget also provided sops for EV buyers, which he said will help boost EV sales across the country.