March 8, 2026

Premium, Luxury EVs Get Pricier In Karnataka With Imposition Of 10% Lifetime Tax

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Premium, Luxury EVs Get Pricier In Karnataka With Imposition Of 10% Lifetime Tax

 

Brands that will see their electric vehicles become more expensive owing to the introduction of a lifetime tax in the state include Hyundai, Kia, Mercedes-Benz, BMW, BYD, Volvo and Audi.