Future of vehicles is electric, India's import duty sops a positive, say Audi top execs

India on Friday slashed import duties on premium electric vehicles produced by carmakers that commit to invest at least $500 million and start domestic manufacturing within three years to 15% from 100% (on cars priced upwards of $40,000) or 60% (for those priced below that threshold), a move that may pave way for Tesla's entry into the country.

from Auto-Industry-Economic Times https://ift.tt/z7WRaSN