European, Korean majors keen to make EVs in India: HD Kumaraswamy

Mercedes Benz, Skoda-Volkswagen, Hyundai, and Kia have expressed interest in manufacturing electric vehicles in India, according to Heavy Industries Minister H D Kumaraswamy. This follows discussions regarding the ‘Scheme to Promote Manufacturing of Electric Passenger Cars in India’. The scheme aims to attract global manufacturers with incentives like reduced customs duty on imported electric cars.