Boost for Musk’s Tesla? New EV policy approved - Things to know

Boost for Elon Musk's Tesla! The government has approved a new electric vehicle scheme to incentivize local manufacturing and attract foreign investment, particularly from companies like Tesla. The scheme offers tax relief and reduced import taxes on selected EVs for companies investing over $500 million. It aims to promote global EV manufacturers' investment in India and advance the electric vehicle ecosystem.

from Times of India https://ift.tt/1UQGxP0
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