Tesla lobbies India for sharply lower import taxes on electric vehicles: sources

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Tesla Inc has written to Indian ministries seeking a big reduction in import duties on electric vehicles (EVs), a move it says will boost demand ...

Tesla Inc has written to Indian ministries seeking a big reduction in import duties on electric vehicles , a move it says will boost demand and generate revenue for the government, two sources with knowledge of the matter said.

Tesla, which aims to begin sales in India this year, said in a letter to ministries and the country's leading think-tank Niti Aayog that slashing federal taxes on imports of fully assembled electric cars to 40per cent would be more appropriate, according to the sources. Tesla and Niti Aayog did not respond to an email seeking comment. Ministries that Tesla wrote to included the transport and heavy industries ministries, which did not immediately respond to a request for comment.

 

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