India’s New EV Policy: Reduces Import Duties For Foreign Automakers
Importing electric vehicles into India was previously subject to up to 110 per cent tax; now, that’s lowered to just 15 per cent. This initiative encourages big companies worldwide to invest in electric car production in India, helping its economy and supporting cleaner transport. The New EV Policy SPMEPCI (Scheme to Promote Manufacturing of Electric…
Abdullah Ansari