FILE PHOTO: Model Y cars are pictured during the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. Patrick Pleul/Pool via REUTERS/File Photo
DAVOS, Switzerland, Jan 18 (Reuters) - India hasn't made up its mind on cutting import taxes on electric vehicles (EVs) under a new policy proposed for carmakers that commit to local manufacturing and that could ease Tesla's entry into the market, a top government official said.
India's domestic automakers are concerned about the possibility of Tesla entering the market - and government plans to give incentives to Tesla and other global carmakers. India has been working on a proposed policy to slash a 100% EV import tax to as low as 15% for automakers that commit to investing and manufacturing in India eventually.
