India Rolls Out New EV Policy, Slashes Import Duties to 15% In a major policy shift, the Indian government has reduced import duties on electric vehicles from 110% to 15% for automakers that commit at least ₹4,150 crore and set up local manufacturing within 3 years. The policy allows for the import of up to 8,000 EVs per year per company, provided they meet the investment and localization criteria. This move is aimed at attracting global EV giants like Tesla and BYD while boosting domestic manufacturing and accelerating EV adoption across India. Read more: 👇 #EVIndia #EVPolicy
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