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The Economic Times
The Economic Times

Maruti Suzuki, M&M & Tata Motors eye UK fast lane under trade pact

Domestic carmakers are preparing to accelerate their electric vehicle ambitions in the United Kingdom, buoyed by the opportunities opened up under the India-UK free trade agreement that will allow duty-free exports of locally manufactured EVs under a phased quota system, according to a PTI report.

Automakers including Maruti Suzuki, Mahindra & Mahindra and Tata Motors Passenger Vehicles have welcomed the provisions of the trade pact, viewing it as a gateway for expanding the global footprint of India-made electric vehicles in one of Europe's key right-hand-drive markets.

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