Friday, October 23, 2020

Pandemic likely to delay penetration of electric vehicles: Ind-Ra

The coronavirus pandemic is expected to delay the penetration of electric vehicles in India, as low affordability and the government's priority on reviving existing conventional automobile industry shift the focus away from EVs in the interim, according to rating firm Ind-Ra.

from Auto-Industry-Economic Times https://ift.tt/2TiEZmj

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India open to clearing import duty hurdle for US auto parts

India is considering reducing or eliminating customs duties on US auto parts, which currently range between 10% and 15%. This move is part o...