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When Elon Musk lands in India, the red carpet for Tesla — and a few red flags

Retrieved on: 2024-04-14 23:00:13

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When Elon Musk lands in India, the red carpet for Tesla — and a few red flags. View article details on HISWAI: https://indianexpress.com/article/business/when-elon-musk-lands-in-india-the-red-carpet-for-tesla-and-a-few-red-flags-9270304/

Summary

New Delhi aims to use Tesla's entry, as it did in China, as a stimulus for India's electric vehicle (EV) sector. India's new EV policy lowers import duties for high-end EVs like Tesla's, with conditions for local investment. Key issues include policy shifts, subsidy structures, challenges faced by the EV industry, Tesla's global challenges, and battery technology preferences. China's experience with Tesla may offer lessons for India, which is focusing on battery electric vehicles with lithium-ion technology and considering other alternatives. The article relates to electric vehicles, their global and local impacts, policy changes, and industry challenges, with a focus on major players like Tesla and BYD in the context of sustainable technology development in China and India.

Article found on: indianexpress.com

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