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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

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,

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,

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

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,

Following UP’s tax waiver on hybrid cars, Karnataka is now aiming to reduce levies and give financial incentives to firms in the clean mobility space, which includes a significant cut for hybrid vehicles.