EV cos take corporate route to amp up sales

Electric carmakers are aggressively targeting corporate buyers this month with substantial deals, including cash discounts and corporate perks up to ₹5.2 lakh. This push is driven by financial year-end tax planning, leveraging accelerated depreciation benefits of up to 40% on EVs. Automakers aim to boost sales and clear inventory while businesses seek to optimize taxable income before March 31.