Tag Archives: India Market

Reducing import tax on electric vehicle parts, the new energy vehicle market is booming

India’s New Policy: Reducing Import Taxes on Electric Vehicle Parts On January 29, 2019, the Indian government announced a reduction in import taxes on electric vehicle parts. The decline is about 10-15%. Previously, import tariffs for electric vehicle components ranged from 15% to 30%. It is reported that the Indian government aims to encourage international… Read More »