đź’¨ Abstract
Skoda Auto, a subsidiary of Volkswagen Group, plans to manufacture electric cars in India and may invest independently if it fails to find a local partner. The company is embroiled in a tax dispute in India and faces a potential $2.8 billion penalty if it loses the case. Skoda is targeting India's third-largest car market for growth and aims to introduce EVs due to stricter fuel efficiency standards.
Courtesy: theprint.in
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