Tesla India team takes APAC route amid higher import duty issue - Economic Times
5/4/2022 12:00:00 AM3 yearsago
by Pranav Balakrishnan, Lijee Philip
by Pranav Balakrishnan, Lijee Philip
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 lobbying the government to reduce the rates.
SynopsisTesla'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 $40,00… [+61 chars]
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