Home > News content

Toyota Volkswagen collective look! Tesla lobbied India to lower tariffs and build factories if they sell well

via:驱动之家     time:2021/7/27 8:01:33     readed:262

For a long time, India's high tariffs on car imports have obviously become a threshold to block Tesla.

According to foreign media reports, recently,

Previously, a person familiar with the matter disclosed that the company had written to Indian ministries and commissions in the hope that India would significantly reduce import tariffs on electric vehicles.

It is understood that,For a long time, India has prevented overseas car companies from entering the local market by means of high tariffs. At present, the import tax rate of automobiles below 40000 US dollars in the Indian market is 60%, and the tax rate of automobiles above 40000 US dollars is 100%.

Before Tesla, many other luxury car manufacturers have said in the past that the Indian government reduced automobile import tax, but they failed due to the opposition of Indian domestic carmakers. Similar to Toyota, Volkswagen, GM and other car companies, they also failed to make achievements in India.

According to sources, Tesla said in a lobbying letter to various departments in India,It would be more appropriate to cut the federal import tax on fully assembled electric vehicles to 40%.

One of the sources said that Tesla's reason is that the 40% import tariff can make electric vehicles cheaper, and this threshold can still protect Indian domestic enterprises. According to Tesla's U.S. website, at present, only model 3 under Tesla has a price of less than $40000.

Although reducing tariffs will bring Tesla better opportunities to enter the Indian market, its plan to sell Tesla in India will not be changed by government policies. In January this year, Tesla has registered a local company in India, increased local recruitment, and is also looking for exhibition hall locations.

Indian transport minister Nitin gadkari said in March this year,India is willing to provide incentives to ensure that Tesla's production cost in India is lower than that in China, but only if Tesla produces locally.



Please indicate the source of Reprint: fast technology


China IT News APP

Download China IT News APP

Please rate this news

The average score will be displayed after you score.

Post comment

Do not see clearly? Click for a new code.

User comments