Skoda’s EV Ambitions in India: Betting Big Despite VW’s $1.4B Tax Woes
Summary: Skoda Auto is aggressively pursuing its EV ambitions in India despite Volkswagen Group’s $1.4 billion tax dispute with Indian authorities. The company plans to launch locally assembled EVs by 2025, leveraging localization strategies to enhance affordability. With India’s EV market expected to grow rapidly, Skoda remains committed to long-term investment and expansion, despite regulatory…