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Tesla to Begin India Operations With Experience Centre Opening in Mumbai’s BKC on July 15: Report
Tesla is set to enter India’s electric vehicle (EV) market with its first showroom opening in Mumbai this month, according to a report. In recent years, the Elon Musk-owned company faced several hurdles, including regulations and high import taxes, which raised question marks over its arrival in the country. However, its long-awaited foray is fin...
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Cuts To EV Credits Would Be "Destructive": Musk Slams Trump's Tax Bill
Elon Musk slammed the US Senate's latest version of President Donald Trump's multi-trillion dollar tax bill Saturday, warning that the cuts to electric vehicle and other clean energy credits would be "incredibly destructive" to the country.
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Will Donald Trump And Elon Musk's Feud Affect EV-Makers India Entry?
Elon Musk criticized Trump's "One Big Beautiful Bill" for increasing the national deficit and cutting EV tax credits that are vital to Tesla
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Trump-Musk Row Slams Tesla Shares, $150 Billion in Market Value Wiped Out
Tesla shares went into free-fall on Thursday as President Donald Trump publicly feuded with Elon Musk. Traders dumped Tesla in heavy trading after Musk quickly responded to Trump's criticism with social media posts that stepped up criticism of the president's tax bill. Trump fired back further, alleging Musk was upset because the bill takes away ta...
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New Electric Car Scheme Offers Import Tax Cuts To Makers For Local Production
The government will significantly lower import tax for foreign automakers that pledge to invest in domestic electric vehicle (EV) production, as it looks to strengthen local manufacturing and draw in global industry leaders.
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GOI Issues EV Manufacturing Policy To Boost Electric Car Production: Full Details
GOI is aiming to cut down the import taxes for foreign automakers under its EV policy, provided they invest in the country's EV production facilities.
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Karnataka Pulls Plug On EV Tax Incentives For Models Above Rs 25 Lakh
The government of Karnataka has rolled out a new lifetime tax policy for vehicles, moving away from the previous model that required annual payments.
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Maharashtra EV Policy 2025: Up To 15 Percent Subsidy On EVs, Zero Toll On Highways
Maharashtra cabinet approves EV Policy 2025 and offers subsidies, toll waivers, and infrastructure boost to cut pollution. Read along for details.
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Maharashtra Scraps Six Percent EV Tax Plan to Boost Adoption
Maharashtra has dropped a 6 percent sales tax proposal on EVs priced above $35,000 (roughly Rs. 30 lakh) to boost adoption in India, where EV sales remain low at 2 percent of four million cars sold last year. Chief Minister Devendra Fadnavis cited unnecessary disincentivisation, while the federal goal aims for 30 percent EV adoption by 2030.
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US Said to be Eyeing Zero Tariff on Cars in India Trade Deal as Tesla Entry Nears
Taxes on cars imported into India are as high as 110 percent, which Tesla chief Elon Musk has criticised as being among the steepest in the world. The EV giant last year shelved its plans to enter the world's third-largest car market for a second time.
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Tesla Said to Have Finalised Mumbai’s BKC for Its First Showroom Ahead of India EV Market Entry
Elon Musk’s Tesla has finalised the location for its first showroom in India, according to a report. It is said to have leased a space in Mumbai’s Bandra Kurla Complex, also known as BKC ahead of the company’s anticipated foray into India’s electric vehicle (EV) space. For years, the EV maker faced hurdles related to localised factory inves...
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Amid Trump Tariff Threats, India Cuts Import Duty On American Bikes, Cars In Boost To Harley And Tesla
India has significantly slashed customs duties on high-end motorcycles, cars and smartphone parts, a move that seems to give a boost to American companies like Harley-Davidson, Tesla and Apple.
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Debunked: Increased Tax On Used Small Cars, EVs To Not Impact Individuals
In a recent development, the GST Council of India has increased the GST on small used cars and EVs from 12 to 18%. Here's how it will affect buyers.
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GST Council Increases Tax On Used EV Car Sale By Business
The goods and services tax council on Saturday decided to levy an 18 per cent GST on margin value on the sale of used electric vehicles by businesses and agreed to keep jet fuel (ATF) out of the 'one-nation-one-tax' regime.
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Telangana EV Policy 2024: Here's Everything You Need to Know
Telangana's new EV Policy 2024, announced by Minister Ponnam Prabhakar, offers 100% road tax and registration fee exemptions for EVs until 2026, removing previous caps on eligible vehicles. This move, alongside plans for better charging infrastructure and phasing out diesel buses, supports Hyderabad's goal of reducing air pollution. Citizens are ur...
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Tesla to Begin India Operations With Experience Centre Opening in Mumbai’s BKC on July 15: Report
Tesla is set to enter India’s electric vehicle (EV) market with its first showroom opening in Mumbai this month, according to a report. In recent years, the Elon Musk-owned company faced several hurdles, including regulations and high import taxes, which raised question marks over its arrival in the country. However, its long-awaited foray is fin...
-
Cuts To EV Credits Would Be "Destructive": Musk Slams Trump's Tax Bill
Elon Musk slammed the US Senate's latest version of President Donald Trump's multi-trillion dollar tax bill Saturday, warning that the cuts to electric vehicle and other clean energy credits would be "incredibly destructive" to the country.
-
Will Donald Trump And Elon Musk's Feud Affect EV-Makers India Entry?
Elon Musk criticized Trump's "One Big Beautiful Bill" for increasing the national deficit and cutting EV tax credits that are vital to Tesla
-
Trump-Musk Row Slams Tesla Shares, $150 Billion in Market Value Wiped Out
Tesla shares went into free-fall on Thursday as President Donald Trump publicly feuded with Elon Musk. Traders dumped Tesla in heavy trading after Musk quickly responded to Trump's criticism with social media posts that stepped up criticism of the president's tax bill. Trump fired back further, alleging Musk was upset because the bill takes away ta...
-
New Electric Car Scheme Offers Import Tax Cuts To Makers For Local Production
The government will significantly lower import tax for foreign automakers that pledge to invest in domestic electric vehicle (EV) production, as it looks to strengthen local manufacturing and draw in global industry leaders.
-
GOI Issues EV Manufacturing Policy To Boost Electric Car Production: Full Details
GOI is aiming to cut down the import taxes for foreign automakers under its EV policy, provided they invest in the country's EV production facilities.
-
Karnataka Pulls Plug On EV Tax Incentives For Models Above Rs 25 Lakh
The government of Karnataka has rolled out a new lifetime tax policy for vehicles, moving away from the previous model that required annual payments.
-
Maharashtra EV Policy 2025: Up To 15 Percent Subsidy On EVs, Zero Toll On Highways
Maharashtra cabinet approves EV Policy 2025 and offers subsidies, toll waivers, and infrastructure boost to cut pollution. Read along for details.
-
Maharashtra Scraps Six Percent EV Tax Plan to Boost Adoption
Maharashtra has dropped a 6 percent sales tax proposal on EVs priced above $35,000 (roughly Rs. 30 lakh) to boost adoption in India, where EV sales remain low at 2 percent of four million cars sold last year. Chief Minister Devendra Fadnavis cited unnecessary disincentivisation, while the federal goal aims for 30 percent EV adoption by 2030.
-
US Said to be Eyeing Zero Tariff on Cars in India Trade Deal as Tesla Entry Nears
Taxes on cars imported into India are as high as 110 percent, which Tesla chief Elon Musk has criticised as being among the steepest in the world. The EV giant last year shelved its plans to enter the world's third-largest car market for a second time.
-
Tesla Said to Have Finalised Mumbai’s BKC for Its First Showroom Ahead of India EV Market Entry
Elon Musk’s Tesla has finalised the location for its first showroom in India, according to a report. It is said to have leased a space in Mumbai’s Bandra Kurla Complex, also known as BKC ahead of the company’s anticipated foray into India’s electric vehicle (EV) space. For years, the EV maker faced hurdles related to localised factory inves...
-
Amid Trump Tariff Threats, India Cuts Import Duty On American Bikes, Cars In Boost To Harley And Tesla
India has significantly slashed customs duties on high-end motorcycles, cars and smartphone parts, a move that seems to give a boost to American companies like Harley-Davidson, Tesla and Apple.
-
Debunked: Increased Tax On Used Small Cars, EVs To Not Impact Individuals
In a recent development, the GST Council of India has increased the GST on small used cars and EVs from 12 to 18%. Here's how it will affect buyers.
-
GST Council Increases Tax On Used EV Car Sale By Business
The goods and services tax council on Saturday decided to levy an 18 per cent GST on margin value on the sale of used electric vehicles by businesses and agreed to keep jet fuel (ATF) out of the 'one-nation-one-tax' regime.
-
Telangana EV Policy 2024: Here's Everything You Need to Know
Telangana's new EV Policy 2024, announced by Minister Ponnam Prabhakar, offers 100% road tax and registration fee exemptions for EVs until 2026, removing previous caps on eligible vehicles. This move, alongside plans for better charging infrastructure and phasing out diesel buses, supports Hyderabad's goal of reducing air pollution. Citizens are ur...
