Section

Limited units allowed for imports, mandatory localisation: New E-Vehicle Policy could be a win-win

8 months ago Auto economictimes
The new policy stipulates that foreign vehicle manufacturers can import up to 8000 EVs at lower customs duty a year and they have to set up a manufacturing facility in India within three years. Another stipulation is that such companies should achieve a localisation level of 50% by the fifth year. Read more at: economictimes

Tags : new ev policy E-Vehicle Policy import tax on ev Imports of cars Tesla in India Piyush Goyal EV maker ev and future mobility EV industry India New EV Policy

Disclaimer : We make no assurance about the completeness and accuracy of the content of this website. All news on this website is collected from various sources hence information may or may not be true. Bollywood charcha does not verify the reliability of the content published. We do not accept any accountability for loss or damage occurred as a result of reliability on the content of this website.

You May Also Like

Auto

2025 Triumph Speed Twin 900 unveiled – upgraded with new fuel tank, chassis, upside-down forks

Auto

2024 MINI Countryman John Cooper Works gets 2.0L turbo four-cylinder, 7DCT; 300 PS, 400 Nm in Europe

Auto

Check out exclusive deals from Volvo Swedish Auto on the East Coast at KotaSAS Kuantan, February 21-25

Auto

Proton crosses 100k-unit mark for 5th consecutive year – 13,955 units in Aug 2023; YTD at 104,602 units

Auto

"At the end of 2024 our national highway road network will be equivalent to road network of USA": Gadkari

Auto

Maruti Suzuki sells 139,648 units in June 2023 in India

© Copyright © 2017 Bollywoodcharcha