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Morning Brief Podcast: Will JSW-MG bring more Chinese car makers to India?

The JSW Group-MG Motor wants to bring the โ€œMaruti momentโ€ to the Indian EV industry. The steel major and Chinese auto giant have ambitious targets of flooding the market with new, flashy models and clocking 1 million sales volume by as early as 2030. The number is several multiples of the total EVs sold in India last year. Are these realisable targets? Will the partnership help MG to expand in a market that doesnโ€™t look kindly to Chinese entities? Are there more Indo-Chinese auto partnersh...
Rajeev Chaba Puneet Gupta Anirban Chowdhury Rajiv Ghosh Read More Host Anirban Chowdhury

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Tesla: Beyond Tesla…Teslar, Teslast: India to reduce EV import duty for Tesla, other global automakers

India has agreed to reduce import duties on electric vehicles (EVs) for companies like Tesla, clearing the way for the automaker to enter the Indian market. The reduced duty, from 70-100% to 15%, applies to all global companies, not just Tesla, and is tied to a minimum investment of $500 million. While some argue against such concessions, noting that previous entrants faced no such benefits, the move could open the door for Tesla to compete in Indias growing EV market, which is currently dominat...
Jammu And Kashmir General Motors Elon Musk Megha Engineering Jindal South Import Duties

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