May23 , 2022

Tesla Cars | Tesla India team takes APAC route amid higher import duty issue



Bengaluru: US-based electric car maker Tesla Inc’s India team has started working for the larger Asia-Pacific (APAC) market, multiple industry sources said, as the government has yet to reduce import duties on electric vehicles (EVs).

Tesla’s plan to enter the country has been on hold since 2019 as India levies a 60% import duty on EVs priced at $40,000 or lower. It also levies a 100% duty on EVs priced at more than $40,000. Tesla has been

Source link