India Slashes EV Import Duty to 15% to Boost Local Manufacturing

By BPN News Desk June 5, 2025

Automobile Electric Vehicles

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

Automobile Electric Vehicles

India Cuts EV Import Duty to 15% for Local Manufacturing Push

By BPN News Desk June 3, 2025

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 […]

Automobile Electric Vehicles

India Finalizes EV Policy Offering Import Tax Cuts for Local Production

By BPN News Desk June 2, 2025

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

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Tesla Focuses on Showrooms, Skips Manufacturing in India

By BPN News Desk June 2, 2025

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

Automobile Electric Vehicles

Maharashtra Approves Electric Bike Taxi Policy for Urban Areas

By BPN News Desk April 22, 2025

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%

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Tesla Seeks Indian Suppliers for Global EV Component Supply

By BPN News Desk April 21, 2025

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

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Maharashtra Government Withdraws EV Tax on Luxury Cars

By BPN News Desk March 26, 2025

In a significant development, the Maharashtra government has announced that it will withdraw its proposal to impose a 6% tax on electric vehicles (EVs) priced above Rs 30 lakh. This decision, confirmed by Chief Minister Devendra Fadnavis, comes as the state aims to support the growing demand for luxury electric cars. Luxury EV Market Growth […]

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Tata Group Joins Tesla’s EV Supply Chain

By BPN News Desk March 21, 2025

Tata Group has entered into a significant collaboration with Tesla, becoming a global supplier for the electric vehicle giant. The partnership marks a major milestone for India’s electric vehicle (EV) industry and signals the country’s deeper integration into the global EV ecosystem. Tata Firms Secure Global Contracts with Tesla Several Tata Group companies have

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EV Prices in India to Match Petrol Cars Within Six Months

By BPN News Desk March 20, 2025

Union Minister for Road Transport and Highways Nitin Gadkari has announced that electric vehicle (EV) prices in India are expected to become equivalent to petrol car prices within the next six months. This milestone is anticipated to accelerate the shift toward electric mobility in the country. Government’s Push for Affordable EVs The government has been […]

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Tesla’s India Entry Unlikely to Disrupt Domestic Automakers: CLSA

By BPN News Desk February 22, 2025

Global brokerage firm CLSA has assessed that Tesla’s entry into the Indian electric vehicle (EV) market is unlikely to significantly impact established automakers such as Tata Motors, Maruti Suzuki, and Hyundai. According to CLSA, the current EV market in India is relatively small, accounting for just 2.5% of annual car sales, and Tesla’s premium pricing […]