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India undecided on lowering import taxes for EVs as local firms fear Tesla's entry

India undecided on lowering import taxes for EVs as local firms fear Tesla's entry

FILE PHOTO: Model Y cars are pictured during the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. Patrick Pleul/Pool via REUTERS/File Photo

India hasn’t made up its mind on cutting import taxes on electric vehicles (EVs) under a new policy proposed for carmakers that commit to local manufacturing and that could ease Tesla’s entry into the market, a top government official said.