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The Karnataka government is reported to be planning to give exemption form road tax to electric and hybrid vehicles with a price tag of less than Rs25 lakh, as part of its efforts to develop a clean m

Karnataka government has proposed a reduction of road tax and registration charges for strong hybrid vehicles alongside offering other incentives to EV makers in the state.

Karnataka is drafting a five-year electric vehicle policy, aiming to attract ₹50,000 crore in investments by 2029. The policy includes tax exemptions for EVs and hybrids under ₹25 lakh, and financial incentives.

India's southern state of Karnataka plans to cut levies and offer financial incentives to companies in the clean mobility sector, including a steep tax cut for hybrid cars that will be a boost for Toyota,

With an eye on increasing the adoption of EVs, the Karnataka government reportedly plans to offer incentives and cut taxes on such vehicles.

While India has focused on exemptions for electric cars, the move could make the state, home to the tech hub of Bengaluru, the second after northern Uttar Pradesh to provide tax breaks to hybrid cars,

By Sarita Chaganti Singh, Aditya Kalra and Aditi Shah NEW DELHI (Reuters) - India's southern state of Karnataka plans to cut levies and offer financial incentives to companies in the clean mobility sector,

The southern state of Karnataka has drafted a comprehensive clean mobility policy that includes substantial tax breaks for hybrid vehicles and lucrative incentives for manufacturers in the electric vehicle (EV) sector.

Toyota's push is at odds with rivals such as Tata Motors and Mahindra & Mahindra which want to keep the focus on EVs, saying incentives for hybrids would hurt India's goals for their adoption