What India's new EV policy may look like

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What India's new EV policy may look like

India’s new EV policy in the offing aims to attract global players like Tesla with lower import duties while boosting local manufacturing

Tesla Magazine

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India, with its expanding automotive market and its ambition to become a world leader in green technologies, has long been in the sights of Elon Musk. As Tesla intensifyes its efforts to conquer new horizons, the rumours of a Gigafactory in India are becoming clearer. Between discussions with the government, local recruitment and colossal strategic potential, Tesla...

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Government may tweak new EV policy as Tesla eyes Indian market entry

New Delhi: As Tesla prepares to enter India this year, the government is likely working on to modify the terms of a new policy that promotes manufacturing ...

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Centre likely to modify new EV policy as Tesla gears up to enter India

New Delhi: As Tesla prepares to enter India this year, the government is likely working on to modify the terms of a new policy that promotes manufacturing of electric vehicles (EVs) in the country. In a bid to attract the likes of Tesla, the tweaked EV policy may mandate carmakers to show a turnover of Rs 2,500 crore in the second year itself, as per sources. Centre may also offer further import duty relief. The government is likely to start acc…

NDTV Profit

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India May Modify New EV Policy Before Elon Musk Drives In Tesla

The government may soon modify the terms of a policy that promotes manufacturing of electric cars in India, in a bid to attract the likes of Tesla Inc., to make and sell in the world’s third largest automotive market.The tweaked EV policy may mandate carmakers to show a turnover of Rs 2,500 crore in the second year itself, people aware of the matter told NDTV Profit. The draft policy, released last year, suggested a revenue target of Rs 5,000 cr…

熊本日日新聞社

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[New York Joint Press] Bloomberg reported on the 20th that Tesla, a major American electric vehicle (EV) manufacturer, has begun preparations to enter the Indian market. EV sales are slowing down, especially in the US and Europe. If Tesla were to enter India, one of the world's leading automobile markets, it would be a major step in its business strategy.