Editor
India said on Friday it will lower import taxes on certain electric vehicles for companies committing to at least $500 million (roughly Rs. 4,142 crore) in investment and manufacturing facilities within three years, potentially bolstering Tesla’s plans to enter the market.
The policy is a big win for Tesla as it’s in line with what the company had been lobbying for in New Delhi. Sources said last July that the carmaker had offered to build a…
