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India's EV Gambit: Tailoring Tariffs to Lure Tesla and Accelerate Electrification

India's EV Gambit: Tailoring Tariffs to Lure Tesla and Accelerate Electrification

The electric vehicle (EV) industry is on the cusp of a global transformation, and India is eager to stake its claim as a major player. To facilitate this, the Indian government has recently implemented a tailored tariff structure specifically designed to entice American electric carmaker Tesla to establish a manufacturing presence in the country. This strategic move is part of India's broader goal to accelerate the adoption of EVs and reduce its reliance on fossil fuels.
6 months ago
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