Lexus India backs carbon-based taxation system to promote electrification

Lexus India says that carbon-based taxation system being crystalised will give confidence to OEMs to again commit themselves towards particular technologies.
By : HT Auto Desk
| Updated on: 27 Mar 2022, 15:13 PM
File photo of logo of Lexus 
File photo of logo of Lexus 
File photo of logo of Lexus 
File photo of logo of Lexus 

As the carbon-based taxation system takes precedence across developed nations, Lexus believes that this should be considered in India as well so as to promote electrification and other green technologies that aim to reduce vehicular emissions in the long run, the company's top official told PTI.

In a carbon-based taxation system, there is a fixed price set on per tonne of carbon or carbon dioxide emitted to incentivise lower carbon emissions.

The luxury carmaker, which sells seven models in the Indian market, has rooted for a long-term policy roadmap in helping OEMs to commit investments on new technologies and products in a market. "We have seen in developed nations that carbon-based taxation has taken precedence over any other way to define vehicle taxation policies that we think solves many purposes," Lexus India President Naveen Soni told PTI.

Similar Cars

Find More Cars
Lexus Es (HT Auto photo)
Lexus Es
2487 cc | Hybrid (Electric + Petrol) | Automatic (CVT) | 22.58 kmpl
₹56.55 - 62.19 Lakhs**Ex-showroom price
Lexus Lx (HT Auto photo)
Lexus Lx
5663 cc | Petrol | Automatic (Torque Converter) | 6.9 kmpl
₹2.33 - 2.35 Cr**Ex-showroom price
Lexus Lc 500h (HT Auto photo)
Lexus Lc 500h
3456 cc | Hybrid (Electric + Petrol) | Automatic (CVT) | 14.8 kmpl
₹2.1 - 2.16 Cr**Ex-showroom price
Lexus Nx (HT Auto photo)
Lexus Nx
2487 cc | Hybrid (Electric + Petrol) | Automatic (CVT) | 17.8 kmpl
₹64.9 - 71.6 Lakhs**Ex-showroom price
Bmw X3 (HT Auto photo)
Bmw X3
1998 cc | Petrol | Automatic (Torque Converter) | 13.17 kmpl
₹57.5 - 64.9 Lakhs**Ex-showroom price
Mercedes-benz Amg A35 Limousine (HT Auto photo)
Mercedes-benz Amg A35 Limousine
1991 cc | Petrol | Automatic (Dual Clutch) | 13.39 kmpl
₹57.6 Lakhs**Ex-showroom price

(Also read | Lexus goes on the hunt for German giants in India. Here's the plan)

He noted that while the government is looking to reduce emissions and control the fuel import into the country, the consumer is trying to get better technologies. “At the end of it, we also want to offer higher and better technologies, which have multiple pathways. So, if we can have that vision on carbon-based taxation system being crystalised then it gives confidence for us to again commit ourselves towards particular technologies," he added.

FOLLOW US:Stay Updated with latest content - Subscribe us on
FOLLOW US:Stay Updated with latest content - Subscribe us on

Lexus recently completed five years of operations in the country and is now looking to consolidate its sales infrastructure and drive in new models, including fully electric ones. The Indian luxury car market was at a peak of around 40,000 units per annum in 2018 which got halved to around 20,000 units in the next two years due to Covid-19 related disruptions. This year, the market is expected to claw back to the 32,000-35,000 unit mark.

First Published Date: 27 Mar 2022, 15:13 PM IST
Recommended For You
View All
NEXT ARTICLE BEGINS

Please provide your details to get Personalized Offers on

Choose city
+91 | Choose city
Choose city
Choose city
By clicking VIEW OFFERS you Agree to our Terms and Privacy Policy

Dear Name

Please verify your mobile number.

+91 | Choose city