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Sri Lanka’s accelerating shift towards electric mobility is exposing a fundamental weakness in the country’s automotive taxation system: the policy may be promoting electrification, but it is doing so by creating winners and losers based largely on engine architecture. The current engine displacement-based taxation formula places globally proven hybrid vehicles at a significant disadvantage, while […] The post Hybrid Cars Face Tax Squeeze As Electric Imports Surge appeared first on Lankanews.lk .

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