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Tesla Asks India Govt. to Lower EV Import Taxes: Reuters

July 23, 2021, 9:01 AM

Tesla has pitched to Indian ministries to reduce federal taxes on imports of fully assembled electric cars to 40% from current rates of 60-100%, Reuters reported citing two sources with knowledge of the matter.

  • Carmaker’s plan to begin sales in India this year does not hinge on a change in government policy
  • Tesla, Niti Aayog did not respond to an email from Reuters seeking comment; Ministries that Tesla wrote to included the transport and heavy industries ministries, which did not immediately respond to a request for comment from Reuters
  • NOTE: Tesla to Enter Indian Market Soon, India Minister Gadkari Says ...

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