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550 India may slash import tax to entice Tesla and other EV companies

Tech Wire Asia
Dashveenjit Kaur @ Tech Wire Asia 2 place · 08/28/2023 21:25 EDT

India may slash import tax to entice Tesla and other EV companies

The import tax in India, as proposed by Tesla, could be reduced to as low as 15% from the current 100% for cars above US$40,000, and 70% for the rest. The policy could also tempt other global carmaking giants to set up manufacturing facilities in India. A potential Tesla factory in India could operate at... Read more »

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