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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 โน4,150 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: ๐ #EVIndia #EVPolicy
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EV Weekly News Wrap: 1. Import duty cut: 110% --) 15% for premium EVs 2. Stellantis trains 2,500 students via Project INSPIRE 3. Sudarshan Venu named Chairman of TVS Motor 4. PM Modi flags off 200 e-buses #EVIndia #ElectricVehicles #TataHarrierEV #
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MHI Launches SPMEPCI Portal to Boost EV Passenger Car Manufacturing in India The Ministry of Heavy Industries (MHI) has launched the SPMEPCI portal (Scheme to Promote Manufacturing of Electric Passenger Cars in India), open for applications from Jun
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Teslaโs Entry into India โ Game-Changer or Overhyped? For Teslaโs Entry: Boosts EV Adoption โ Teslaโs presence will accelerate Indiaโs shift to electric vehicles. Tech & Innovation โ Brings cutting-edge technology, pushing local automakers to impr
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The Tesla Model Y costs โน70 lakh in India. In the US, itโs just โน32L. In China, โน30L. So why are Indians paying more than double? Donโt blame Nirmala Tai for this. In 2024, the Indian government introduced a game-changing EV policy. Import duties
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Hey , do you know what is this ? This Chinese made Ev bike and the price of this ev bike is just 31 thousand only with so many new features. Now you're thinking to import this and sell this in India right ? Firstly if you import ev bikes from Ch
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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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Indiaโs EV Market Mid-2025: Sales Growth, Policy Shifts & New Launches Indiaโs EV sector is charging ahead in mid-2025, led by a surge in adoption across Tier 2 & 3 cities and a strong performance by Tata Motors in the 4W space. While total EV regi
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Indiaโs EV market is booming in 2025! ๐ Passenger EV sales are set to grow 40% this year, hitting 1.38 lakh units, with Tata, Mahindra, and MG holding 87% of the car market. SUVs and sub-compact SUVs are driving demand, and new launches like Tata Ha
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