A senior government official has said that India will not offer incentives tailored for specific companies or enterprises within the electric vehicle sector. This announcement comes in response to the lobbying efforts by Tesla, the American electric car manufacturer, seeking special incentives for establishing its factory in the country.
The official clarified that if the government contemplates providing incentives, it will be for all electric vehicle manufacturers interested in entering the Indian market, rather than catering to individual companies.
Regarding discussions on Tesla’s request for customs duty concessions, the official mentioned that inter-ministerial deliberations have taken place, but no definitive conclusions have been reached on this matter. In 2021, Tesla, based in the United States, advocated for a reduction in import duties on EVs in India.
News in Same Category
Daewoo Launches Comprehensive Automotive Battery Range in India
Hyundai Mobis Unveils Industry-First QL Display, Elevating In-Vehicle Entertainment for Luxury Cars
Automotive Giants Toyota Kirloskar Motor and Mahindra & Mahindra Report Stellar Double-Digit Growth in November Domestic Sales
Tata Motors Bolsters Commitment to Sustainability with Launch of Fourth Vehicle Scrapping Facility in Chandigarh
Tata Motors Launches State-of-the-Art Prima VX Tipper Trucks, Setting New Standards in Safety and Innovation
Hyundai IONIQ 5 N Wins Car of the Year at TopGear.com Awards 2023
Land Cruiser ’70’ Returns: Toyota Announces Reintroduction in Japan
