Tesla lobbies India for sharply lower import taxes on electric vehicles
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Article:- https://www.reuters.com/world/india/tesla-lobbies-india-sharply-lower-import-taxes-electric-vehicles-sources-2021-07-23/
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Tesla Inc (TSLA.O) has written to Indian ministries seeking a big reduction in import duties on electric vehicles (EVs), a move it says will boost demand and generate revenue for the government, two sources with knowledge of the matter said.
Tesla, which aims to begin sales in India this year, said in a letter to ministries and the country's leading think-tank Niti Aayog that slashing federal taxes on imports of fully assembled electric cars to 40% would be more appropriate, according to the sources.
That compares with current rates of 60% for cars priced below $40,000 and 100% for those above $40,000.
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