Tesla is set to officially enter the Indian market in July 2025 with the opening of its first showrooms in Mumbai and New Delhi, marking a major step in its global expansion. The electric vehicle giant plans to begin operations with the import of Model Y SUVs manufactured at its Shanghai

Suzuki Motor Corporation has temporarily halted production of its widely sold Swift hatchback at its Sagara plant in Japan, excluding the Swift Sport variant. The decision, implemented on May 26, stems from a shortage of key components following China’s recent export restrictions on rare earth elements. The company expects to resume partial production by June […]

In a landmark move to attract foreign investment and accelerate the growth of its electric vehicle ecosystem, India has launched the ‘Scheme to Promote Manufacturing of Electric Passenger Cars in India’ (SPMEPCI). The centerpiece of this policy is a dramatic reduction in import duty on fully built electric vehicles—from a steep 110% to just 15%. […]

In a bid to accelerate its transition to electric mobility and attract global automotive investments, the Indian government has rolled out a new electric vehicle (EV) policy that sharply reduces import duties for companies willing to commit to domestic manufacturing. The move is part of India’s broader strategy to become a competitive global hub for […]

The Indian government has finalized a new electric vehicle (EV) policy aimed at attracting foreign investment and enhancing domestic manufacturing. The policy offers significant import duty reductions for automakers committing to local production, aligning with India’s goals to become a global EV manufacturing hub and increase EV adoption. Key Features of the New EV

Union Minister for Heavy Industries, H.D. Kumaraswamy, announced on June 2, 2025, that Tesla is not expected to commence manufacturing operations in India in the near future. Instead, the electric vehicle (EV) giant is focusing on establishing showrooms to sell its imported vehicles. Tesla India Plans Despite India’s efforts to attract global EV manufacturers through

The Maharashtra government has given the green light to a landmark policy enabling the operation of electric bike taxis across urban areas in the state. This initiative is aimed at promoting sustainable transportation, improving last-mile connectivity, and creating employment opportunities while significantly reducing urban pollution. Key Highlights of the Policy 100%

Tesla is actively engaging with Indian manufacturers to source and export essential electric vehicle (EV) components for its global production lines. This initiative aims to integrate India into Tesla’s international supply chain, leveraging the country’s manufacturing capabilities to produce high-quality, cost-effective parts. The company is focusing on

In a move that highlights India’s evolving investment strategy in the electric vehicle (EV) sector, the government has declined a $1 billion proposal from Chinese automaker BYD Co., while simultaneously paving the way for potential collaboration with U.S.-based Tesla Inc. The decision underscores New Delhi’s cautious stance toward Chinese investments, particularly in

India has decided to restrict market access for Chinese electric vehicle (EV) manufacturer BYD Co., citing strategic and security concerns. Union Commerce Minister Piyush Goyal stated that the government needs to be cautious about foreign investments, particularly from countries with which India shares land borders. He emphasized that, as of now, BYD’s entry into the