BMW urges govt to retain 5% GST on EVs to boost industry growth

German luxury car maker BMW on Thursday pitched for retaining the current 5 per cent GST (Goods and Services Tax) on EVs, saying any further hike may be detrimental for the industry. Its electric car sales surged over 200 per cent in 2025, even as the overall car sales from its two brands -- BMW and MINI -- grew 14.4 per cent year-on-year to 18,001 units. The group said it also plans to launch 10 models, including six new ones and four with major changes this year. "I think the government has done a fantastic job in terms of managing the overall economy and making sure that we don't drop below the 7 per cent mark, which is very crucial for the country. "I don't think we have more expectations from them (the government). The only request, I think, would be not to touch the GST slab of EVs because it keeps coming back that the GST on these vehicles will be increased. (If it happens) I think it will be very detrimental," Hardeep Singh Brar, President and CEO at BMW Group India, told P