Reuters
India’s Maharashtra state bats for Tesla over import tax on EVs
India’s western Maharashtra state on Wednesday urged the federal government to lower tax rates on imported cars in the budget on Feb. 1, following calls by electric carmakers like Tesla. Maharashtra is a leading auto manufacturing hub for domestic carmakers like Tata Motors and Mahindra & Mahindra, both of which are investing in manufacturing electric cars locally and have opposed Tesla’s pressure to lower taxes. The state’s environment minister in his letter to Prime Minister Narendra Modi’s finance minister, Nirmala Sitharaman, said lowering taxes for a limited period of time would boost India’s supply chain ecosystem and manufacturing process for electric vehicles (EVs).
