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EVINDIA

Stay updated with th...ย โ€ขย 21d

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 โ‚น4,150 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: ๐Ÿ‘‡ #EVIndia #EVPolicy

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India is considering to slash EV import duty from 110% to 15% under new policy.

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FM Nirmala Sitharaman announces import duty exemption on parts needed to make EV batteries, phones! The government will exempt import duty on 35 items used to make EV batteries and 28 items used in mobile phone manufacturing.

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