India  

Now, Elon Musk-led Tesla’s rival VinFast wants India to reduce import duties on its electric cars

IndiaTimes Monday, 26 February 2024
Vietnamese electric vehicle maker VinFast has requested a temporary reduction in import duties on its cars in India for two years. The company is building a manufacturing plant in Tamil Nadu and aims to cater to the domestic market before expanding exports. VinFast has proposed a decrease in India's 100% import duty on fully-built electric vehicles.
0
shares
ShareTweetSavePostSend
 

You Might Like


Related news from verified sources

Elon Musk-led Tesla to drive into India soon? Government firms up policy for concessional import duties

Tesla in India soon? Elon Musk-led US electric automaker Tesla is on the verge of entering the Indian market as the government is finalizing a policy to extend...
IndiaTimes