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

Automobile Electric Vehicles

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%

Automobile Electric Vehicles

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

Automobile Electric Vehicles

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 […]

Automobile Electric Vehicles

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

Automobile Electric Vehicles

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 […]

Automobile Electric Vehicles

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 […]

Automobile Electric Vehicles

India to Slash EV Import Duties to 15% Under New Policy

By BPN News Desk February 21, 2025

The Indian government is poised to implement a new Electric Vehicle (EV) policy that will significantly reduce import duties from the current 110% to 15%. This strategic move aims to attract global EV manufacturers, including Tesla, to establish a presence in the Indian market. Investment and Turnover Requirements To qualify for the reduced import duty, […]

Automobile Electric Vehicles

India Considers Including Charging Infrastructure in EV Investment Mandate

By BPN News Desk February 20, 2025

The Indian government is deliberating a proposal to amend its electric vehicle (EV) investment policy, potentially allowing global manufacturers to include expenditures on charging infrastructure as part of the mandated $500 million investment over three years for setting up manufacturing plants. This policy adjustment aims to facilitate easier compliance for international