We might see a price drop of up to 1.40 lakhs for Hyundai Kona Electric. There have been talks about to reduce the GST from 12% to 5% on all electric vehicles. If this is passed then we might see a price deduction in Hyundai Kona. FYI, Hyundai Kona electric was launched at 25.30 lakhs (Ex-showroom).
Right now, it is only a proposal to slash the GST rates from 12% to 5% on all electric vehicles. It still needs to be approved by the GST council.