Toyota lobbies India to cut hybrid-car taxes as much as 21% - letter
© Reuters. FILE PHOTO: The Toyota logo is seen on the bonnet of a newly launched Camry Hybrid electric vehicle at a hotel in New Delhi, India, January 18, 2019. REUTERS/Anushree Fadnavis/File photo) is lobbying the Indian government to cut taxes on hybrid vehicles by as much as one-fifth, arguing they are far less polluting than petrol cars but do not get commensurate policy treatment, a company letter shows.
Toyota argues this 5-percentage-point differential favouring hybrids over petrol cars is"insufficient", given the reduced emissions and better fuel consumption hybrids offer, according to its letter to Modi's Niti Aayog think-tank, which plays a key role in policymaking. "We would kindly request for a proportionate policy support," Gulati wrote in the Sept. 20 letter, which has not previously been reported.
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