Tesla Passes on India, EV Policy Attracts Others

  Published 1 year ago

Tesla has decided against manufacturing in India despite new EV incentives. Mercedes, Benz and Volkswagen are considering investments under the policy, which lowers import duties for automakers committing to domestic EV production. India aims for 30% EV sales by 2030.

  • Tesla declines India manufacturing for now.
  • New EV policy targets 30% sales by 2030.
  • Mercedes & VW consider India investments.

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