September 29, 2021

Alice-in-chains

Automotive forever

Tesla seeks reduce import tax on electric cars in India

It’s no secret that Tesla has been eyeing the Indian automotive market for a when now, with an official entry into the place expected in the coming months. In a new advancement, the corporation has proposed a revised import obligation framework to make electric powered automobiles additional viable.

Tesla wrote a letter to the consider-tank Niti Aayog as very well as the ministries of transport and large industries to slash the federal tax on fully assembled electrical autos imported to India to 40%, according to information and facts obtained by Reuters