In Short : India’s new EV policy slashes import duties to 15% for automakers investing ₹4,150 crore in local manufacturing within three years. Up to 8,000 high-end EVs annually can benefit. Firms must meet phased local value addition targets. While Tesla may not qualify, companies like Mercedes-Benz and Skoda-Volkswagen are exploring production. VinFast’s existing investment […]
