India has slashed import duties on fully built electric vehicles (EVs) to 15%, down from the previous 70-100%, in a bid to attract global manufacturers like Tesla.
To qualify for the reduced tariff, companies must commit at least $500 million in inv
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Anonymous 2
Hey I am on Medial • 1m
Three years to set up manufacturing is tight, and Tesla doesn’t love deadlines. Will companies commit serious money, or will they import a few EVs, test the waters, and dip if it doesn’t work?
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India has slashed import duties on fully built electric vehicles (EVs) to 15%, down from the previous 70-100%, in a bid to attract global manufacturers like Tesla.
To qualify for the reduced tariff, companies must commit at least $500 million in inv
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Vishu Bheda
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𝗕𝗬𝗗 𝗶𝘀𝗻'𝘁 𝗷𝘂𝘀𝘁 𝗯𝗲𝗮𝘁𝗶𝗻𝗴 𝗧𝗲𝘀𝗹𝗮 - 𝗶𝘁'𝘀 𝗵𝘂𝗺𝗶𝗹𝗶𝗮𝘁𝗶𝗻𝗴 𝘁𝗵𝗲𝗺:
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• Tesla, Ford, and Toyota fight over its batteries
• Warren Buffett invested $232M for a 10% stake
How
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**🚀 Timing is EVERYTHING – Especially When Entering a New Market**
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