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Tesla Lobbies To Slash Taxes Before It Enters EV Market In India

EV Ultimo Team

21-10-2021

Tesla Lobbies To Slash Taxes Before It Enters EV Market In India

India levies an import duty of 60 per cent on electric vehicles that cost $40,000 or less, and 100 per cent duty on those priced over $40,000. Tesla has urged Indian Prime Minister Narendra Modi’s office to slash import taxes on electric vehicles (EV) before it enters the EV market in India. These demands have faced objections from some Indian automakers.


SOURCE: REUTERS


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