Elon Musk wanted India to cut EV import tariffs before he opens a factory there. It looks like it’s not happening

Elon Musk wanted India to cut EV import tariffs before he opens a factory there. It looks like it’s not happening

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India’s government said it’s not currently considering reducing taxes on imported electric vehicles, a stance that could delay Tesla Inc.’s plan to enter the market. “Presently, there is no proposal either to provide an exemption from local value addition cost or to provide a subsidy on the import…

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