Mercedes-Benz will invest $500M in India's EV market, conditional on maintaining a 5% GST for ten years. MD & CEO Santosh Iyer highlights charging infrastructure needs and carbon neutrality. New models include EQA SUV, EQS Maybach, G Class, aiming for six models if a business case is viable. Mercedes is one of the few global carmakers to have bet on electric mobility in India very early, and is working towards having a portfolio of six green cars.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/kR4vdzw
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