India Restricts Market Access for Chinese EV Maker BYD Amid Efforts to Attract Tesla

By BPN News Desk April 8, 2025

Automobile Cars

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

Automobile Cars

US Pushes for Zero Tariffs on Car Imports as Tesla Eyes India

By BPN News Desk March 6, 2025

The United States is in discussions with India to remove tariffs on car imports, aiming to create a more favorable market for American automotive companies, particularly Tesla. This move is part of broader trade negotiations aimed at strengthening economic ties between the two nations. Impact of Tariffs on Car Imports India currently imposes high import […]

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, […]

PMO

Elon Musk to Meet PM Modi to Discuss Tesla, Starlink

By BPN News Desk February 6, 2025

Tesla and SpaceX CEO Elon Musk is expected to meet Indian Prime Minister Narendra Modi during Modi’s visit to the United States from February 12 to 14. The high-profile meeting, likely scheduled for February 13, will include discussions on Tesla’s plans for India, Starlink’s satellite internet services, and possible collaborations in space technology. Key Discussion […]