Skoda Looks To Tap Into EV Manufacturing In India Even

VW's Skoda to invest in manufacturing EVs in India despite $1.4 bln tax demand overhang
Skoda Auto plans to manufacture electric cars in India and will invest in the country by itself if its search for a local partner fails, the Czech carmaker's CEO said, as its parent Volkswagen Group fights a $1.
Skoda Looks To Tap Into EV Manufacturing In India Even As The Automaker Fights Tax Demand Of $1.4 Billion
The Czech automaker’s CEO, Klaus Zellmer, said that if the company fails to find a suitable collaborator, it will proceed with the investment independently.
Skoda To Manufacture EVs In India? Fresh Details Revealed
Skoda Auto is preparing itself to ‘roll out electric vehicles (EVs) in India despite not being able to secure a local partner, reporters Reuters. The Czech automaker's move comes as its parent company,
VW's Skoda to invest in manufacturing EVs in India despite $1.4 billion tax demand overhang
Skoda Auto plans to manufacture electric cars in India and will invest in the country by itself if its search for a local partner fails, the Czech carmaker's CEO said, as its parent Volkswagen Group fights a $1.
Despite $1.4 billion tax demand, Volkswagen's Skoda eyes BIG plans in Indian EV market
Earlier, one of VW's lawyers stated that the automaker will need to pay $2.8 billion including penalties and interest on losing the battle, against what it calls an "impossibly enormous" demand. Skoda has led Volkswagen's India strategy since 2018,
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