Volkswagen's Skoda to invest in manufacturing EVs in India despite $1.4 billion tax demand overhang

Skoda Auto plans to manufacture electric vehicles in India, investing independently if necessary. While facing a significant tax dispute, Skoda remains committed to collaborating with partners for growth in the Indian market. With India's new vehicle efficiency standards, Skoda aims to leverage Volkswagen Group's EV technology to gain a competitive edge.

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