Reuters, citing people familiar with the matter, reported that the U.S.Electric CardachangTeslaunable to persuadeIndiaAuthorities have lowered import duties, suspended plans to sell electric vehicles in India, stopped looking for showrooms locally and relegated some of the Indian teams.
Negotiations between Tesla and the Indian government have been at a standstill for more than a year, and they have decided to stop entering the Indian market. Tesla expects to first import electric vehicles with low tariffs into the United States and China to test water temperatures in the Indian market, but must commit to local production before the Indian government can reduce tariffs. Should be. Tariff rates of up to 100% are applicable on imported cars from India.
Sources said Tesla has set February 1 as a deadline for talks to see if the lobbying efforts have worked. February 1 is the day when the Government of India announces its budget and announces tax adjustments.
Sources said Tesla has decided to shelve plans to sell electric cars in India after Prime Minister Narendra Modi’s government shaken.
Over the past few months, Tesla has been exploring real estate to open showrooms and service centers in major Indian cities such as New Delhi, Mumbai and Bangalore, but plans have stalled, people familiar with the matter said.
Tesla has assigned other market functions to parts of its Indian team, and Tesla’s India policy chief Khurana has also been in charge of products in San Francisco since March, according to his LinkedIn profile.
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