High import taxes prevent Tesla from selling cars in India

Robert Besser
18 May 2022, 01:36 GMT+10

Tesla made known this week that it will not sell electric automobiles in India due to the government's refusal to reduce high import tariffs on foreign electric vehicles.
Tesla has begun to reassign local employees, as it closes down its earlier plans to enter the Indian market.
As early as the summer of 2021, the Indian government announced that they were reviewing a Tesla proposal to reduce import duties.

NEW DELHI, India: Tesla made known this week that it will not sell electric automobiles in India due to the government's refusal to reduce high import tariffs on foreign electric vehicles.

Tesla has begun to reassign local employees, as it closes down its earlier plans to enter the Indian market.

India remains the largest auto market that Tesla has yet to enter.

Signs between the Indian government and Tesla indicated that the electric automaker might, at last, begin selling autos in India. But those efforts have now ended.

Earlier, Tesla created an Indian company in Bengaluru, the capital of India's southern Karnataka state. As early as the summer of 2021, the Indian government announced that they were reviewing a Tesla proposal to reduce import duties.

While Tesla has said it would like to build a factory to manufacture electric vehicles in India, its business model includes first testing the market with imported EV's, which it has been unable to do in India.

Insiders report that Tesla waged a strong lobbying campaign to have tariffs reduced.

In April, transport minister Nitin Gadkari said that Tesla could build a factory in India, but would be prevented from importing autos from China.

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Afghanistan Sun.

More Information

null in null

International

Section

US sanctions causes 90 percent drop in chips sent to Russia

WASHINGTON D.C.: U.S. Commerce Secretary Gina Raimondo has said that since the U.S. and its allies imposed sanctions on Moscow ...

Tokyo suffers through heatwave, worst since 1875

Tokyo, Japan: On June 28, Japan baked under intense heat for a fourth successive day, with temperatures breaking nearly 150-year-old ...

Law allowing non-citizens to vote ruled unconstitutional in New York

ALBANY, New York: A New York state judge has struck down a recent law giving 800,000 non-citizen New York City ...

Arab states reaching energy targets with alternative solar, wind power

DUBAI, UAE: The Arab states have built significant amounts of solar and wind power installations, and are in line to ...

Brexit seen as driving force behind Scotland independence vote

LONDON, England: A second referendum on Scottish independence is set to be held in October 2023. The Scottish government, led ...

Tuvalu pulls out of UN ocean conference after China blocks Taiwan

LISBON, Portugal: Tuvalu Foreign Minister Simon Kofe walked out of the opening cermonies of this week's United Nations Ocean Conference ...

Central Asia

Section