Reports are that Tesla will have to import from Germany because the Indian government is not keen on imports from the company’s China plant. Tesla also plans to launch a Rs 20 lakh EV in India. Importing from Germany is expected to benefit Tesla in terms of import duties too
Though only 100 units of the model are allocated for the Indian market, the company has already garnered 355 confirmed orders since bookings commenced on May 26.
In a pre-budget meeting with the heavy industries ministry, the industry has also asked the government to do away with multiple tax rates for passenger cars while mooting a special rate for electrification of vehicles.
Stay Open: The all-new MINI Convertible to offer a refreshing expression of open-top driving in ...
The company also announced the launch of its year-end offers and benefits up to Rs 50,000 and lower interest rate in the range of 6 to 7 percent on different models.
The new BMW M6 Gran Coupé, a combination of classic motor racing heritage and luxurious character, was launched in India today. The new BMW M6 ...
"The launch of new Discovery Sport in September will mark another significant milestone in the expansion of Land Rover's product offering in India," Jaguar Land Rover India Ltd President Rohit Suri said.
SIAM is opposing the proposed India-EU FTA and is worried about the impact of the deal on the Indian auto sector. President of SIAM, S Sandilya discusses with CNBC-TV18's Shereen Bhan the implications of such a deal.