Tesla Inc. has reduced prices for all its vehicles in China, according to its official website, as the US car giant faces stiff competition from China while its boss Elon Musk also had to defer visit to India that would open up a new big market for the company. This move follows price cuts on … Read more
Mumbai: India’s recently announced electric vehicle policy will help global carmakers expedite decisions on investing in manufacturing EVs in the country besides allowing brands gauge customer response to premium EV models in a value conscious market, said a senior executive at the local arm of Czech carmaker Skoda Auto. Speaking to ET, Petr Janeba, brand … Read more
The Indian government has given the green light to a new electric vehicle scheme with tax relief aimed at positioning India as a prime manufacturing hub. This comes at a time when the Asian nation seeks to attract foreign money for local production from the likes of Tesla. India plans to lower import taxes on … Read more
