Musk asked India to reduce taxes to support Tesla's factory construction, but local car companies in India collectively said No!

Musk asked India to reduce taxes to support Tesla's factory construction, but local car companies in India collectively said No!

India's high taxes on imported cars have become an obstacle to Tesla.

Recently, some media reported that Tesla's request to the Indian government to lower automobile taxes was still rejected. The Indian government stated that it is not considering reducing import tariffs on electric vehicles for the time being.

Reports show that India's Deputy Minister of Heavy Industries Krishan Pal Gurjar made it clear to Congress that such a proposal would not be considered.

However, Gurjar said that the government is taking corresponding measures to try to promote the rapid popularization of electric vehicles in the country by reducing domestic automobile tax rates and increasing charging stations.

Tesla had previously expressed to the Indian government its desire to reduce the import tax on fully assembled electric vehicles to 40%. At the same time, Musk also expressed on social networks that he hoped the Indian government would give a certain degree of tax exemptions to foreign imported cars to boost Tesla's sales in India, and Tesla might build a factory in India.

However, it seems that Tesla's efforts to lower tariffs on imported cars in India have failed.

It is reported that India has long adopted high tariffs to prevent the impact of foreign car brands on local car companies. India currently imposes a high tax rate of 60% on cars below US$40,000 and 100% on cars above US$40,000 for imported cars.

Not only Tesla, many luxury car manufacturers around the world have tried to lobby the Indian government to reduce taxes on imported cars, but all failed due to opposition from local car brands.

As a winner of Toutiao's Qingyun Plan and Baijiahao's Bai+ Plan, the 2019 Baidu Digital Author of the Year, the Baijiahao's Most Popular Author in the Technology Field, the 2019 Sogou Technology and Culture Author, and the 2021 Baijiahao Quarterly Influential Creator, he has won many awards, including the 2013 Sohu Best Industry Media Person, the 2015 China New Media Entrepreneurship Competition Beijing Third Place, the 2015 Guangmang Experience Award, the 2015 China New Media Entrepreneurship Competition Finals Third Place, and the 2018 Baidu Dynamic Annual Powerful Celebrity.

<<:  Xpeng Motors Wuhan factory project officially launched, accelerating the separation process with Hainan Mazda

>>:  Nezha Auto wants to invite Kris Wu to be its spokesperson? The marketing director finally got his wish

Recommend

Top 10 Mobile App Development Trends in 2023

1. Leverage cloud-based services As trends emerge...

Can live streaming become VR’s long-awaited killer app?

Put rubber bands on the watermelon one by one unt...

A programmer who has always worked from 9 to 5

[[229247]] I’ve been thinking a lot lately about ...

Teach you to thoroughly understand the KMP algorithm from beginning to end

[[121931]] References for this article: Data Stru...

Guangzhou server hosting costs, Guangzhou server rental service providers

In this era of Internet big data, fewer and fewer...

Why does the Hammer phone have three physical buttons?

Smartphones are in great demand today, and all ma...

More than 100,000 followers in 4 days, let’s talk about user fission growth!

One year and several months of practical experien...