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New EV policy: No restrictions on imports from any country, including China

Last month, India announced lowering import taxes on certain electric vehicles produced by carmakers who commit to invest at least $500 million and start domestic manufacturing within 3 years

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Reuters NEW DELHI
1 min read Last Updated : Apr 02 2024 | 1:08 PM IST

India has no restrictions on the import of electric vehicles from any country, including China, under a new EV policy, a senior government official told broadcaster CNBC-TV18 on Tuesday.

Last month, India announced lowering import taxes on certain electric vehicles produced by carmakers who commit to invest at least $500 million and start domestic manufacturing within three years.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :Electric VehiclesElectric vehicles in IndiaEV policyIndia china tradeIndia China relations

First Published: Apr 02 2024 | 1:08 PM IST

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