India’s New EV Policy Eyes Reduced Import Taxes

Priya
Priya
News Editor

India is crafting an electric vehicle (EV) policy that would lower import duties for foreign automakers that agree to local manufacturing. This move comes in response to a suggestion from Tesla, the American automotive behemoth. Tesla’s interest in entering the Indian market is apparent after its previous dispute with the government over import tax matters. The new policy aims to facilitate electric vehicle adoption and domestic manufacturing in the country.

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