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Tesla lobbies India for sharply lower import taxes on EVs: Report

By Aditi Shah NEW DELHI (Reuters) -Tesla Inc is likely to set up a factory in India if successful with imported vehicles, Chief Executive Elon Musk said on Twitter, after the company wrote to Indian ministries seeking a big reduction in import duties on electric vehicles, according to two sources with knowledge of the matter. The electric-car makers pitch to lower duties, however, is likely to face resistance from Prime Minister Narendra Modis administration which has championed high import ...
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Elon Musk's Reply On Launching Tesla In India: We Want To Do So, But

"We Want To Do So, But...": Elon Musks Reply On Launching Tesla In India Tesla, which aims to begin sales in India this year, said in a letter to ministries and the countrys leading think-tank Niti Aayog that slashing federal taxes on imports of fully assembled electric cars to 40% would be more appropriate, according to the sources. Updated: July 24, 2021 9:39 am IST Elon Musk said Tesla is likely to set up a factory in India if successful with imported vehicles. Highlights Import duties ar...
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Source: ndtv.com

Tesla to set up factory in India if vehicle import tax reduced, says Elon Musk

Tesla to set up factory in India if vehicle import tax reduced, says Elon Musk The electric-car makers pitch to lower duties is likely to face resistance from Prime Minister Narendra Modis administration which has championed high import taxes for many industries in a bid to boost local manufacturing Other luxury automakers in India have also lobbied the government in the past to lower taxes on imported cars (Source: Reuters) Reuters Updated Jul 24, 2021, 9:50 AM IST Tesla Inc is likely t...
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Tesla lobbies India for lower import taxes on electric vehicles

New Delhi: Tesla Inc is likely to set up a factory in India if successful with imported vehicles, Chief Executive Elon Musk said on Twitter, after the company wrote to Indian ministries seeking a big reduction in import duties on electric vehicles, according to two sources with knowledge of the matter. The electric-car makers pitch to lower duties, however, is likely to face resistance from Prime Minister Narendra Modis administration which has championed high import taxes for many industries i...
New Delhi Nitin Gadkari Mercedes Benz Narendra Modi Tesla Inc Chief Executive Elon Musk

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