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Indian carmakers up in arms against duty cuts on high-end EVs for Tesla & co

Indian automakers, including Tata Motors and Mahindra & Mahindra, voice concerns over potential import duty cuts for luxury electric vehicles like Tesla. The government explores options, considering a temporary reduction. Industry players fear adverse effects on existing investments and market positions.

Tata Motors: Indian carmakers up in arms against duty cuts on high-end EVs for Tesla & co, ET Auto

Indian automakers, including Tata Motors and Mahindra & Mahindra, voice concerns over potential import duty cuts for luxury electric vehicles like Tesla. The government explores options, considering a temporary reduction. Industry players fear adverse effects on existing investments and market positions.

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