Auto industry newcomers like Taiwan-based iPhone maker Foxconn and China’s Huawei Technologies are maneuvering to gain an edge in the electric vehicle sector, prompting automakers like Japan’s Nissan ...
The taxes on vehicles may increase by up to 600 in some cases and some vehicles being subject to taxes as high as 400% or 500%, the Vehicle Importers Association of Sri Lanka (VIASL) said. ..