Tesla Reluctant to Produce Cars in India, Minister Reports

Reported 2 days ago

According to a federal minister, Tesla is not interested in manufacturing vehicles in India, despite the country's new electric vehicle policy aimed at attracting foreign automakers. High import tariffs have been a significant barrier for Tesla, which had hoped to enter the Indian market. The policy reduces duties for companies committing to invest heavily in local EV production, but Tesla remains hesitant, while Mercedes-Benz and Volkswagen are exploring opportunities in the market.

Source: YAHOO

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