Future of vehicles is electric, India’s import duty sops a positive, say Audi top execs
India’s decision to temporarily lower import duty on electric vehicles priced upwards of $35,000 to 15% for carmakers investing at least $500 million on domestic manufacturing “might help accelerate localisation of premium electric cars” and drive demand, a top Audi executive said. The policy “shows that the government seems to be very committed to sustainability, … Read more
